Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Investors weighing a Roth conversion are running up against rules shaped by the 2017 Tax Cuts and Jobs Act and a 2025 deadline for many provisions to expire. The stakes are high for savers deciding ...

But what if your client has other retirement plans or accounts? Well, there’s good news for them too – other non-Roth accounts like the 401(k) and the traditional IRA can be converted into a Roth IRA.

I want to do three Roth conversions in the next three years before I turn 73 in 2027 so that my beneficiary doesn’t have to deal with taxes. If I should die soon after the last conversion, will my ...

Imagine that you’re 65 years old and just completed a Roth conversion during a low-tax year early in retirement to avoid future required minimum distributions (RMDs). However, not long after the ...

A conversion allows you to roll funds from a pretax retirement account into a Roth IRA. You will generally owe income taxes on the money you convert. A conversion might make sense if you earn too much ...