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 ...

You can make a Roth IRA conversion at any time, as long as you have money in a qualifying pre-tax account. But the real ...

Quick ReadWhere you pull the $120,000 tax payment from determines whether this strategy works at all, and most retirees get ...

A smart Roth conversion strategy reduces future taxes, protects a surviving spouse and avoids Medicare premium surcharges.

Clients can maximize profits by paying the tax bill outside of the conversion — and more reminders for advisors before they ...

When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

Roth IRAs are funded with after-tax dollars and can provide tax-free income after age 59 1/2. Money from a traditional IRA can be converted to a Roth IRA as long as you pay income tax on the converted ...

With smart and proper planning, allocating certain types of assets into specific accounts can help reduce your annual tax liability. A Roth IRA can offer a powerful tax advantage for retirement savers ...

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 ...

There’s a strategy that could help turn these new investment accounts into tax-free vehicles in retirement, some experts say.

A 58-year-old anesthesiologist on r/HENRYfinance posted last month with a problem familiar to anyone earning above the Roth IRA phase-out: her joint MAGI sits near $385,000, well past the $242,000 ...