If you have a 401(k) or 403(b), personal finance expert Suze Orman says it might be time to consider a rollover — especially into an IRA or Roth IRA. On a recent episode of her "Women & Money ...

Many people save for retirement through employer-sponsored plans like 401(k)s and 403(b ... Arrangements (IRAs): Can You Move Amounts Into a Roth IRA?" Internal Revenue Service. "Rollover Chart." ...

If you need cash from the rollover to foot the tax bill today, a Roth IRA could open you up to even more tax complications. » Not sure what to do? A financial advisor may be able to help.

I’m interested in converting a traditional IRA into a Roth IRA and want to know if taxes are due at time of the rollover. Currently, I have $95,566 in a traditional IRA and would like to roll over $60 ...

Contact your plan administrator for a trustee-to-trustee transfer to avoid tax issues during rollover. Open a Roth IRA early to ensure the five-year rule does not delay tax-free withdrawals post ...

Can I convert it to a Roth IRA without paying the deferred taxes ... tax liability of a Roth conversion involves spacing out your rollovers over several years. To use this strategy, convert ...

The SECURE 2.0 Act, which became law in December 2022, changes the 529 plan rules to permit rollovers of some funds from these college savings accounts into a Roth IRA. It could allow transfers to ...

With a direct rollover to a Roth IRA, the distribution is paid to your Roth IRA custodian for credit to your Roth IRA. With a direct rollover to a Roth 401(k), the distribution is paid to your ...

If you’re a parent who set up a 529 plan to save for your child’s college costs, but find that circumstances have changed and the funds are no longer needed for school, the money can be used ...

The IRA Charitable Rollover permits those taxpayers, age 70 ½ or older to make donations (Qualified Charitable Contributions or QCDs) directly to public charities from their traditional IRA or Roth ...