According to an article by Brandon Renfro, there are three 5-year rules for Roth IRAs, but he talks about the first two as ...

You can reduce the impact that taxes have in retirement by converting pre-tax savings into Roth assets. Doing so not only ...

Before rushing to a Roth conversion, here are several important realities federal employees should understand.

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 ...

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...

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 ...

The new change to catch-up contributions could mean you’ll have more taxable income in the next filing year. For ...

When Sean Kelly sits down with clients to discuss how to transition to new Roth catch-up rules from the IRS, he often finds himself talking less about investments and more about payroll files. “It’s ...

The Roth IRA is one of the most powerful savings tools available to investors looking to build their nest egg for retirement. Choosing between a Roth or traditional 401(k) product can be difficult for ...

Recent dips in the market were good opportunities to convert traditional IRAs and 401(k)s to Roth accounts, advisors say. But clients who missed out shouldn’t despair. “Periods of increased market ...