Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in ...

A Roth conversion can be a game-changer for your retirement, but it comes with a catch: the upfront tax hit. This brief quiz ...

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 ...

When is a Roth conversion a good idea? Readers are confused about their strategies. Got a question about investing, how it fits into your overall financial plan and what strategies can help you make ...

A Roth IRA is a retirement account to which you contribute after-tax dollars. When you convert pre-taxed or tax-deferred accounts — such as a 401 (k), a traditional IRA, a SEP or a simple IRA — to a ...

It's true that Roth IRAs have income limits for contributions. In 2026, the limits are $168,000 if you're single, $252,000 if ...

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