Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...

Many financial planners complete Roth individual retirement account conversions around year-end. Roth conversions typically require precise current-year income projections to avoid possible tax ...

Going into the 2024 presidential election, the conventional wisdom and received knowledge of the chattering classes, when asked whether or not it was smart to convert a regular IRA into a Roth IRA ...

Retirees often need to manage their Roth IRA conversions based on when their tax impact will be the lowest. For most people, this is when they are no longer actively employed. As Required Minimum ...

Roth conversions are one of the most powerful financial planning tools available. While they’re not right for everyone, for many investors, a Roth conversion can unlock huge tax savings. There are ...

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 ...

When it comes to Roth conversions, traditional advice is to convert traditional IRAs to a Roth IRA over a period of years to stay within current tax brackets. The theory is that doing so will reduce ...

When you’re thinking about whether to convert a traditional IRA to a Roth IRA, you have more to consider than the immediate tax hit. While taxes play a big part here, they aren’t the only factor at ...

Roth conversions transfer pretax or nondeductible individual retirement account money to a Roth IRA, which starts future tax-free growth. It's a popular strategy when the stock market drops because ...