There is no legal or regulatory age restriction on Roth conversions, so it's not too late in that sense. Generally speaking, ...

When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

You will owe taxes on your Roth IRA conversion in the year of the conversion. Your converted funds must stay in your Roth IRA for five years before you can withdraw them penalty-free. Roth savings ...

Preparing for retirement can require income and asset shuffling to make sure you have enough funds available and don’t bump yourself into a higher tax bracket. One method for this is known as a Roth ...

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 ...

It's true that Roth IRAs have income limits for contributions. In 2026, the limits are $168,000 if you're single, $252,000 if ...

When it comes to IRAs, the terms "conversion" and "recharacterization" refer to opposite actions -- respectively, converting a traditional IRA to a Roth IRA and vice versa. Each has its own set of ...

Traditional IRAs and Roth IRAs are both great ways to boost your retirement savings. Learn about the differences between ...

One specific IRA conversion, if done under the right circumstances, could potentially boost your retirement's nest egg by ...