From a legal and regulatory standpoint, it is never too late for a Roth conversion. Under the rules, you can transfer retirement funds from a tax-deferred account such as a 401(k) to a Roth IRA at 69 ...

A new Roth IRA conversion option for unused money in 529 college savings plans, which went into effect this year, is likely to spur more college savings, according to a new survey from Saving For ...

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 ...

Contributions to a traditional IRA are often tax-deductible, with some exceptions based on income limits and retirement-plan coverage at work. This reduces your taxable income for the year you make ...

A 401(k) rollover to a new employer’s plan offers simplicity and tax-deferred growth, ideal for those with strong plan options. Converting a 401(k) to a Roth IRA provides tax-free withdrawals and ...

The primary difference between Roth and Traditional IRAs is in how they are taxed. While you can generally take a tax deduction on contributions, your withdrawals are fully taxable. A Roth IRA works ...