Imagine you’re 65 with $1.2 million in an IRA and a lingering question: should you convert your account into a Roth IRA? The answer may depend on how you go about it. A Roth conversion can provide ...
Unlike a 401(k) or traditional IRA, Roth IRAs allow you to take tax-free withdrawals in retirement. Also know that you can ...
Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations. Starting in 2024, unused funds in a 529 account may be converted into a Roth ...
A traditional IRA provides up-front tax breaks that make investing easier. A Roth IRA offers tax savings in retirement and can help you avoid taxes on Social Security. The right account for you will ...