Saving for retirement is important. Depending on how much you earn and what percentage of it you put way, the amount of digits in your IRA or Roth IRA can vary greatly. And every time there’s a ...

Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can?

Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or possibly avoid required minimum distributions (RMDs) and income taxes later ...

I’m 72 years old and have my IRA in stock. I start required minimum distributions next year so I want to convert to a Roth IRA. How much should I convert? Should I do it all at once or should I do it ...

Many retirement savers with sizable tax-deferred accounts like a 401(k) are interested in converting those funds to Roth accounts so they can escape having to pay Required Minimum Distributions (RMDs) ...

Picture this: you’re 65 years old, still working and have around $400,000 saved in a traditional IRA. You’re healthy, active and don’t see yourself retiring anytime soon — maybe not until you've ...

Recently, I received a host of questions about Roth conversions. So instead of answering one question, I’m going to tackle several today. Q. Dan, what can I do if I converted more than I should have?

I am married, retired and 68 with an income of $200,000 a year between my pension, Social Security and investments. Everything is pretty much paid for, and we are clearly bringing in more than we ...

Inflation concerns and interest rate hikes have shifted investor sentiment. If your IRA balance is down, you may have a prime opportunity to do a Roth conversion. Transferring money from a traditional ...

A careful analysis year to year is usually better than converting the whole thing just to avoid required minimum distributions (RMD) but there are several variables to consider. When you execute a ...

'I know all about taxes, Medicare, growth rate, inflation, Roth conversions, etc.' "My question is how much should I convert in my 401(k) every year prior to turning 73 when required minimum ...