A 72-year-old couple in Ohio asked their advisor whether to convert $50,000 from a traditional IRA to a Roth before year-end.

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 ...

Quick ReadClark Howard is one of personal finance's loudest Roth champions, yet he admitted his own advice gave him blinders.

In a previous article about Roth conversions, an advisor wrote: “For many folks, a prime time for Roth conversions takes place during the years after retirement but before Social Security and RMDs ...

Roth conversions can be a smart strategy for a lot of people. But that doesn't guarantee they make sense for you.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. You retired at 54 with $1.2 million in a traditional ...

Traditional IRAs and Roth IRAs function in the same way as traditional 401(k) and Roth 401(k) plans, respectively, but knowing the difference is vital. Traditional retirement plans are tax-deferred, ...

Part of the purpose of moving funds into a Roth IRA is to enjoy tax-free withdrawals during retirement. But in the course of moving that money over, you're going to trigger taxes. And if you have a ...

In retirement planning, tax timing can be as important as investment choices. One strategy worth understanding is the Roth conversion. A Roth conversion involves moving funds from a traditional ...