Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

My wife and I are 67 and 62, respectively. We own our apartment valued at $825,000. I also own an apartment with our only ...

Best Roth IRA accounts of July 2025 A Roth IRA is a smart idea if you expect to be in a higher tax bracket in your later years. Updated Tue, Jul 1 2025.

Once the account owner is 59-1/2 and has had one Roth for at least five years, earnings, too, can be withdrawn tax- and penalty-free. 8. Use a Roth IRA before retirement for other purposes ...

Roth vs. Traditional, 401(k) vs. IRA: The Best Account To Use at Every Age December 14, 2024 — 07:02 am EST Written by Gabrielle Olya for GOBankingRates -> ...

Maximize your retirement savings with the best Roth IRA accounts. Our top picks include Fidelity, Merrill Edge, Betterment, Weathfront, Charles Schwab Roth IRA.

Roth accounts offer retirees a lot of benefits that traditional 401(k)s don’t. Roth accounts have tax-free withdrawals, aren’t subject to required minimum distributions ...

Roth IRAs and taxable brokerage accounts are similar in the way they differ from traditional IRAs: There is no short-term tax incentive for putting money into a Roth IRA or brokerage account.

“It’s best to use Roth accounts when you have a long time horizon or are in a low tax bracket,” said Scott Meyer, wealth manager and partner at Merit Financial Advisors. “The reason is if ...