Given that SmartAsset's matching tool is free for consumers and designed to facilitate initial interviews with multiple advisors, obtaining a second opinion before finalizing retirement decisions may ...

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

Retirement doesn’t always mean lower taxes. In fact, you could be in for the biggest tax bills in your 70s when Social Security benefits and Required Minimum Distributions (RMDs) kick in. However, ...

The Thrift Savings Plan (TSP) has long served as a cornerstone of retirement savings for federal employees and members of the uniformed services. As retirement planning becomes more complex, TSP ...

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.

Roth conversions to secure tax-free withdrawals during retirement are gaining popularity as Ge n X gets closer to retirement, but financial advisers warn that the decision to convert should be ...

At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA could help reduce required minimum distributions (RMDs) and related taxes in ...

Roth conversions to secure tax-free withdrawals during retirement are gaining popularity as Gen X gets closer to retirement, but financial advisers warn that the decision to convert should be ...

It's not just a matter of avoiding taxes.

Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay any taxes if the assets you’re rolling over are held in another Roth account, ...

Roth conversions increase AGI and can trigger higher tax brackets, Medicare IRMAA surcharges, and taxation of up to 85% of Social Security benefits. Medicare IRMAA surcharges use a two-year lookback, ...