With Trump back, are Roth conversions less attractive?
Now that Donald Trump is back in office, it looks like tax rates won’t go up. Does this make Roth conversions from an IRA ...
My Roth IRA stock is down. Is there any way to harvest the loss?
I would like to transfer the losing stock out of my Roth account to my taxed ordinary retail stock account. I would then sell ...
Will Doing $50k in Annual Roth Conversions Lead to Higher Social Security Benefits?
Curious if a Roth conversion might boost your Social Security benefits? Here’s the reality: while converting to a Roth IRA ...
A Roth IRA offers a ‘longer runway for tax-free investing,' advisor says. Here's how to use it
Therefore, a Roth IRA provides a "much longer runway for tax-free investing," said certified financial planner Thomas Scanlon ...
Common Mistakes To Avoid When Rolling Over Your Retirement Accounts
Avoiding the variety of mistakes that can occur during a retirement account rollover requires careful consideration.
24/7 Wall St6d
I'm a high earner who has always maxed out my 401k. I keep hearing about backdoor Roth IRA - what is it?
Today, let’s meet IMovedYourCheese on Reddit. Cheese is a higher earner who’s been diligently following the traditional ...
2 tax-saving moves to make this year with no guarantee Congress extends Trump's 2017 tax cuts
Trump's 2017 tax bill is up for renewal this year. Here's what it means for your taxes and how to take advantage of low taxes ...
The Biggest Mistake You Can Make With An Old 401(k)
Many workers choose an IRA rollover when changing jobs. Unfortunately, it's not uncommon for accounts to be neglected, or ...
Chippewa Herald1d
FINANCIAL FOCUS®: When is a good time for Roth conversion?
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 ...
NBC Chicago4d
A Roth IRA offers a ‘longer runway for tax-free investing,' advisor says. Here's how to use it
Since 2023, most retirees must take required minimum distributions, or RMDs, from pretax retirement accounts at age 73. However, RMDs don't apply to Roth individual retirement accounts while the ...