Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

In a previous article about Roth conversions, an advisor wrote: "For many folks, a prime time for Roth conversions takes ...

Take a tax hit today to avoid one later?

In the decades when you're planning for retirement, the focus of many savers is to build up a substantial nest egg. But after you hit retirement, the focus shifts to efficiently using the funds by ...

A 64-year-old retiree converts $150,000 to a Roth in 2024, feeling smart about reducing future required minimum distributions ...

Considering a Roth IRA conversion before RMDs? Learn if paying taxes now to avoid them later is right for you.

As investors strive to optimize their retirement savings and minimize tax burdens, understanding how Roth conversions benefit them becomes more important. Roth conversions have great significance when ...

I have to take RMDs this year. How do I decide if I should convert that money into an existing Roth? What needs to be considered? If so, how should it be done: at one time or in increments? I am ...

In retirement planning, tax timing can be as important as investment choices. One strategy worth understanding is the Roth conversion. A Roth conversion involves moving funds from a traditional ...

A smart Roth conversion strategy reduces future taxes, protects a surviving spouse and avoids Medicare premium surcharges.

This may be the perfect time to convert a traditional IRA to a Roth IRA.

A couple, both 66, enters retirement with $1.2 million in savings and a plan that looks clean on paper: withdraw $46,800 per ...