If he didn't do the conversion and left his money in his 401 (k) or traditional IRA, he would instead pay a 25% tax on each of the RMDs he would receive in subsequent years (this is assuming the ...

With investment accounts about to end a very good year and current tax rates unlikely to change for a while, the case for ...

Nearly a quarter of U.S. households own a Roth IRA, yet they account for just 10% of the $13.6 trillion in total individual ...

Saving for retirement in a dedicated account is always a wise idea, but the best account to use will vary by age. That's ...

With the end of the year approaching, many Americans are considering a Roth IRA conversion to take advantage of certain tax ...

The first edge of Gen X, which ranges in age from 44 to 59, is on the cusp of retirement, and they still have time and a ...

The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act), was originally signed into law on December 20, 2019.

If you’re under 50 years of age, you can contribute up to $23,000; if you are over 50 years old, you can add a $7,500 “catch-up” amount. Advisers recommend that you invest in a globally diversified ...

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There are a couple of weeks left in 2024. That gives you a little time to do any number of things that can reduce your taxes and boost your bottom line for this year.

If you’re eyeing a year-end Roth IRA conversion, you’ll need to plan for the upfront tax bill. Here are some strategies to ...