Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal income taxes on the amount converted.

Think you're a savvy retirement planner? Here’s what you may be forgetting.

You'll owe income taxes in the year you convert ...

One of the most commonly asked questions among investors is whether or not they should convert to a Roth IRA, and if so, when ...

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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 ...

You can take advantage of this narrow period to move your money out of a traditional retirement account into a Roth to save on taxes.

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...

There's a reason Roth conversions are a big part of many people's retirement strategy. If you earned too much money most of ...

Typically, converting IRAs to Roth IRAs is a fourth quarter conversation with clients, as by then they have a pretty good idea of what their financial year will look like as the Dec. 31 deadline nears ...

(CNN) — Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. (CNN) — Having financial flexibility in ...