Key IRS restriction: You cannot convert RMD amounts into a Roth IRA; only funds above the RMD can be converted after meeting the year’s requirement. Timing is everything: Conversions before RMD age ...

In a previous article about Roth conversions, an advisor wrote: "For many folks, a prime time for Roth conversions takes ...

In the decades when you're planning for retirement, the focus of many savers is to build up a substantial nest egg. But after you hit retirement, the focus shifts to efficiently using the funds by ...

These "gotchas" could undermine the benefits of a conversion in the first place.

Sometimes, life goes one way when you planned on it to go another. In the case of retirement planning, let's say you've been saving money in a tax-deferred retirement account (like a traditional ...

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning ...

When financial professionals talk about the benefits of doing a Roth conversion ahead of retirement, they tend to focus on a couple of key benefits. Roth IRA and 401(k) withdrawals are taken tax-free.

Following a series of unpredictable changes to retirement laws, measures are being taken to course-correct amid rising healthcare premiums and other economic factors. As AARP points out in its yearly ...

Two financial planners take on the establishment with a new view on retirement taxes Should you do Roth conversions? Stick to the math for the answer. When it comes to paying taxes, less is obviously ...

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

When I talk to clients about Roth conversions, one of the most important benefits I highlight isn’t necessarily about their own retirement; it’s about protecting their heirs. In my experience, many ...

It might seem counter intuitive to decide to pay MORE taxes now, rather than defer them, but in some cases, that can be a smart, tax-efficient strategy. Have I piqued your curiosity? I want to ...