President Trump has said he wants to shut down the U.S. Education Department completely, and half of the department's workers have already been laid off. But it turns out that most of what the ...

Although saving and investing for retirement looks different for everyone, the end goal is typically the same for most people ...

Facing a future tax hit on your retirement savings? A Roth conversion may be a way to lower the taxes you owe.

Thirty-one percent of households owned IRAs in 2022, according to a report from the Congressional Research Service. Among IRA ...

An effective way to reduce taxes in retirement is to do a series of Roth conversions over a span of ... Without RMDs to worry about and because Roth IRA distributions aren’t included in your ...

However, one type of account you can't hold jointly is a Roth individual retirement account (IRA). These accounts are meant to benefit and be held in one person's name. As an alternative ...

Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers ...

Be sure to contact a financial advisory firm to review your retirement and tax strategy and determine whether a Roth IRA conversion makes sense. If you've named a beneficiary and you pass ...

The Roth IRA — a popular retirement account — is similar to a traditional IRA in that you can regularly contribute to the account and watch your investments grow so you have a nest egg to tap ...

The short answer is no. There is no age cap on your ability to convert to a Roth. There is also no earned income requirement to convert to a Roth. As long as you have a balance in an IRA ...