Roth conversions offer a strategic solution for retirees to reduce taxes, maximize retirement income, and leave a legacy of ...

Discover the average 401(k) balance held by 55-year-olds today, why it matters for retirement planning, and how your own ...

When you leave a job, it is usually a smart move to take your 401(k) with you. That does not mean cashing it out, since doing ...

The IRS on Nov. 17, 2025, announced the cost-of-living adjustments for limitations applicable to employee benefit plans under the Internal ...

Roth conversions are supposed to be a clean way to swap future tax uncertainty for today's known bill, but President Donald ...

The IRS also forces people with a traditional retirement plan to start withdrawing their money eventually. Those forced ...

In 2022, Congress enacted the SECURE 2.0 Act (the “Act”) with the intent to expand coverage and increase retirement savings. This week ...

A Roth conversion—when you take money from a tax-deferred account, like a traditional 401(k) or IRA, and put it into a Roth account, typically a Roth IRA—is a financial strategy with the potential to ...

State tax codes, like their federal counterpart, can be incredibly complex and are subject to frequent revisions. But the absence of a major tax—such as a sales tax, or levies on corporate or ...

In essence, if senior citizens are bracing for a tax bill with a Roth conversion, planners like Carroll and Cooper say the extra bonus is giving them more ability to take the sting out of that tax hit ...

Going into the 2024 presidential election, the conventional wisdom and received knowledge of the chattering classes, when asked whether or not it was smart to convert a regular IRA into a Roth IRA ...

Looking to make catch-up contributions now that you’re finally earning a good wage? There’s a new income test on the horizon.