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.

Fraser Allport emphasizes that Roth IRA conversions are not one-size-fits-all, and are often implemented as a multi-year ...

The IRA is a cornerstone for many, allowing you to build a nest egg with investments that fit your risk profile. You pick the financial institution; you manage the investments. In other words, it’s ...

A popular and efficient way to stretch your retirement dollars is to take advantage of the tax benefits offered by Roth individual retirement accounts (IRAs). However, to maximize these advantages, ...

Unlike employer-based 401(k)s, people set up individual retirement accounts (IRAs) for themselves. But similarly to workplace retirement accounts, traditional IRAs are funded with deductible pre-tax ...

Can you become a millionaire retiree? The answer is a resounding "yes" for many Americans. And the Roth IRA provides a great vehicle for making it happen. If you want to build a Roth IRA ...

Federal employees can use a new Thrift Savings Plan tool to weigh the tax costs and retirement advantages of moving traditional balances to Roth.