Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

A smart Roth conversion strategy reduces future taxes, protects a surviving spouse and avoids Medicare premium surcharges.

Converting a traditional IRA or 401(k) to a Roth account can save retirees thousands in taxes over their lifetime, but only ...

Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or possibly avoid required minimum distributions (RMDs) and income taxes later ...

Discover how the Roth conversion strategy can save you a lot of money in retirement and best practices to follow.

Clients can maximize profits by paying the tax bill outside of the conversion — and more reminders for advisors before they ...

A large 401(k) balance can leave you vulnerable to high RMDs if you do not use this strategy to prepare years in advance.

The pre-retiree forum question keeps appearing in different forms: a 54-year-old software engineer with $1.4 million in a 401 ...

Converting your traditional individual retirement arrangement (IRA) or 401(k) account to a Roth IRA often appears to be a clear financial win. Pull some capital from your retirement accounts, pay a ...

Roth IRAs are funded with after-tax dollars and can provide tax-free income after age 59 1/2. Money from a traditional IRA can be converted to a Roth IRA as long as you pay income tax on the converted ...

Traditional IRAs and Roth IRAs function in the same way as traditional 401(k) and Roth 401(k) plans, respectively, but knowing the difference is vital. Traditional retirement plans are tax-deferred, ...