You can convert an IRA to a Roth no matter how old you are. But if the conversion boosts your income, it could have tax consequences.

If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy ...

Beginning to save for retirement early on makes a big difference in financial security later in life. Read on to learn how custodial Roth IRAs can teach young people important money skills, helping ...

When it comes to making retirement plans, a Roth IRA is one of the best options available. Any money net of taxes put into a Roth IRA grows tax-free. Also, account holders don’t pay any taxes or ...

With the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to a Roth IRA and thereby benefit from potential tax-free growth and qualified tax-free withdrawals ...

A Traditional IRA may allow you to take an immediate tax deduction, but a Roth IRA guarantees you won't have to pay taxes on withdrawals in retirement. While there's no income limit associated with a ...

This article, the second of a three-part series on how to implement an effective backdoor Roth strategy, was written by guest contributors Steven Jarvis, CPA, MBA, and Matthew Jarvis, CFP. Continuing ...

In some ways, Roth IRAs work similarly to regular brokerage accounts, but they have very different tax treatments. Roth IRAs are designed to be retirement accounts, while brokerage accounts are more ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. It’s understandable that some ultrahigh-net-worth individuals believe Roth IRAs are “not for ...

401(k)s and Roth IRAs have different tax treatments. When choosing a 401(k) or Roth IRA, consider your financial circumstances. 401(k)s and Roth IRAs can be complementary tools in your retirement plan ...

When it comes to building wealth and securing a financially sound future, I've found that a powerful yet often overlooked tool for high-income business leaders is the mega backdoor Roth IRA. For years ...