Nothing beats the confidence of knowing your financial future is secure, especially if you're a high-income earner eyeing a ...

However, that requires building a comfortable financial situation to survive 20, 30 or even 40 years ... you 100% tax-free. Plus, Roth accounts don’t have RMDs. The benefit of pre-tax ...

If you’re making $275,000 a year, you can't contribute to a Roth IRA due to income limits. However, a backdoor conversion can ...

Because they offer tax-free qualified withdrawals, Roth IRAs and Roth conversions can be a critical strategy for defusing the retirement tax bomb that traditional IRAs, 401(k)s and other pre-tax ...

Say you decide to convert $10,000 of pre-tax contributions from your traditional IRA to a Roth IRA. The $10,000 will be added to your gross income for the tax year. If your marginal tax rate is 22 ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation.

Socking away money for retirement is something that’s top of mind for many people. Here's what to know about traditional and ...

Tax season is the perfect time to review your Roth IRA contribution strategy. While Roth IRAs offer incredible tax advantages, they come with specific rules that can trip up even savvy investors.

One way to streamline this process is to transfer pre-tax IRA amounts to an employer-sponsored 401(k) plan, keeping the Backdoor Roth strategy focused on after ... savings that can amplify overall ...

It makes all pre-tax contributions and earnings taxable during the year of the conversion. In the future, qualified withdrawals from the Roth IRA will be tax-free. “A conversion is beneficial if ...