Roth conversions have seen a sharp rise among retirees since 2017, with experts suggesting that this move can generate ...

The disadvantage to a Roth conversion is that the entire amount converted counts toward your taxable income for the year. For example, say you earned $75,000 in salary and converted $100,000 to ...

Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in ...

Curious if a Roth conversion might boost your Social Security benefits? Here’s the reality: while converting to a Roth IRA ramps up your taxable income for that year, it doesn’t affect the way Social ...

What we will be digging into is the question of whether you should convert some or all of your assets from a traditional individual retirement account (IRA) to a Roth IRA. For those who meet ...

In certain circumstances it can even be a bad idea. For instance, it’s never a good idea to recommend that your client convert to a Roth IRA unless you completely understand their current tax ...

One tool that seems to surface more and more in our daily quest to help clients is the Roth IRA conversion. Many of our clients benefit from the tax-free growth and withdrawals they receive during ...

Deciding between a traditional individual retirement account (IRA) and a Roth IRA can be difficult. Choosing when or if you should convert your IRA funds to a Roth account can be even more daunting.

That’s the simple and essential premise of Roth conversions — paying taxes now on regular IRAs, 401(k)s and other tax-deferred retirement accounts (except those from your current job ...

or even when you are retired — through a Roth conversion. Why is a Roth IRA desirable for some people? Here are the key benefits: You put in after-tax dollars to a Roth IRA, so you can withdraw your ...

Generally speaking, the lower your income in a given year, the more favorable it is for you to convert to a Roth IRA. So, for example, if you have already retired, but have not started collecting ...