Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Transferring some of your retirement savings from a tax-deferred account like a 401(k) to a Roth IRA can help you reduce or possibly avoid required minimum distributions (RMDs) and income taxes later ...

A smart Roth conversion strategy reduces future taxes, protects a surviving spouse and avoids Medicare premium surcharges.

Many investors within five years or so of retirement have the bulk of their savings in traditional tax-deferred 401(k)s and individual retirement accounts, instead of the after-tax Roth versions of ...

A large 401(k) balance can leave you vulnerable to high RMDs if you do not use this strategy to prepare years in advance.

Converting a traditional IRA or 401(k) to a Roth account can save retirees thousands in taxes over their lifetime, but only ...

I encourage many clients to view their Roth account not as a retirement income source but instead as a multigenerational ...

Roth conversions are widely considered financially advantageous. Financial advisors often recommend them, and online calculators frequently frame them as a tax-saving strategy. The idea behind it is ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...

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 ...