I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding that I have to pay ...

Roth IRAs can be wonderful tools when you're saving for retirement. They feature tax-free withdrawals. You might want to ...

As we approach the end of 2025, we wanted to highlight some key issues to think about before year-end, and items to consider ...

Roth conversions and other Roth strategies can be complex, but don't dismiss these tax planning tools outright. They could ...

Roth conversions are appealing because they allow your money to grow tax-free from the moment it lands in your Roth account.

A Roth IRA conversion is available any time you have money in a qualifying pre-tax account. People choose to make a ...

In January, new Roth catch-up rules will prevent workers over 50 who earned more than $150,000 the prior year from making pre ...

New in 2025 is an extra $6,000 per individual, in addition to the standard deduction, for those over age 65 who meet the income limits. For a couple, this can create up to $12,000 more "room" for Roth ...

Clustering your charitable gifts into a single year can help you exceed the itemization threshold and significantly increase your deduction. This is particularly effective in 2025, since stricter ...

Roth conversions increase current-year taxable income, but they allow clients to keep more of their money long-term. If they don’t convert, clients (or their heirs) will have to pay taxes on the IRA ...

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 the practice and a tool we are using ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...