If you're expecting to move up to a higher tax bracket in future years, it might make sense to convert your traditional IRA ...

There are plenty of ways to analyze your retirement strategy. Sometimes, when we have lots of concrete information, we can ...

Discover strategies for optimizing your retirement income and navigating complex tax scenarios with financial expert Dana ...

Funds contributed to a 529 plan are allowed to grow tax-deferred. The two major types of 529 plans are prepaid tuition plans ...

A Roth IRA can be a lucrative retirement account. You can retire as a millionaire and pay minimal taxes on your fortune. If ...

Carlson said the main advantage of a Roth is that you get tax-free growth, and you aren’t required to make withdrawals in retirement. A traditional IRA can be converted to a Roth. Carlson said to you ...

But worry not, for not all hope is lost. High earners can contribute to a traditional IRA and then convert it to a Roth, a technique known as the backdoor Roth IRA. Want to go a step further?

TOPEKA, Kan. (WIBW) - A Roth IRA could be a beneficial part of a financial plan. Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to share why converting traditional ...

If you’re 65 years old and collecting Social Security, you may wonder if it’s too late to convert your $750,000 traditional IRA into a Roth IRA. The short answer is no – there are no legal ...

When you’re thinking about whether to convert a traditional IRA to a Roth IRA, you have more to consider than the immediate tax hit. While taxes play a big part here, they aren’t the only fact ...

It's a busy time of year. If you want to set yourself up for a prosperous 2025, there's one thing you should be sure to do ...