24/7 Wall St

IRA Comparison Calculator

Traditional IRA provides $142,322.17 more in after-tax value (30.88% advantage) Your tax rate is expected to decreasefrom 24.00% to 22.00%in retirement Reinvesting Traditional IRA tax savings adds ...
Forbes

Discounted Roth Conversions for a Self-Directed IRA or 401(k)

If you have a self-directed IRA or 401(k) and want to convert it into a Roth IRA, you may be concerned about your options and taxes. These retirement accounts are taxed in different ways, and you’ll ...
SmartAsset on MSN

We're 62 With $950k in IRAs. Can We Still Convert to a Roth?

Fortunately, there’s no age restriction on converting a pre-tax retirement account to a Roth IRA. You can roll funds from a qualifying pre-tax account to a Roth IRA at any time. A financial advisor ...

Supersavers who can put $72,000 in their 401(k)s in 2026 should make this smart ‘mega’ Roth move

This is a strategy that is so incredibly beneficial for highly compensated employees because they can’t contribute to a ...
Hosted on MSN

Roth IRA vs. Traditional IRA: What’s The Difference?

If the complexity of the Roth IRA vs traditional IRA decision is preventing you from opening an account, just know this: There are no bad choices here. Each rewards you with tax breaks for saving in ...
Newsday

Ask the Expert: Rules for Roth IRAs if you're over 59½

My wife and I are in our 60s. We both have traditional IRAs, but no Roth IRAs. We’re considering doing annual Roth IRA conversions so that our beneficiaries can inherit tax-free accounts. Can we ...
Financial Advisor

New Rule Requires RMDs On All IRAs Before Roth Conversions, Analyst Says

Before clients convert their traditional IRAs to Roths, they should be aware of a new rule that says all this year’s required minimum distribution (RMD) be taken out first, according to a new analysis ...
Nasdaq

Roth IRA Rules for Living Abroad

Americans living abroad can still benefit from a Roth IRA for retirement savings, just like those in the U.S., but there are some extra considerations. Both expatriates and U.S.-based savers need ...
Forbes

Spousal Inherited Roth 401(k)s Keep More Money Tax Free

There are differences in handling a spousal Inherited Roth 401(k) versus an inherited Traditional 401(k). When you have a Roth 401(K), you likely will need to address the Roth savings and the 401(k) ...

Our Roth conversion triggered extra fees for Medicare premiums. Can I appeal?

I just received a Social Security notice that my modified adjusted gross income was over the income-related monthly ...
AOL

Do Roth IRAs Have Required Minimum Distributions?

Do Roth IRAs Have Required Minimum Distributions? No, Roth IRAs do not have required minimum distributions, at least while the account holder is still alive. But if you are the beneficiary of a Roth ...