Search results
I Want to Convert $865k to a Roth IRA. How Do I Avoid Paying Taxes?
SmartAsset via Yahoo Finance· 1 day agoConverting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits –...
Converting an IRA to Roth After Age 60: Can I Really Do It?
SmartAsset via AOL· 1 year agoOpening a Roth IRA after 60 means you don't have to worry about an early withdrawal penalty, but...
I Want to Convert $920k from a 401(k) to a Roth IRA. How Can I Reduce Taxes?
SmartAsset via Yahoo Finance· 2 months agoTransferring funds from a 401(k) into a Roth IRA lets you make tax-free free withdrawals in...
I'm 55 With $900,000 in an IRA. Should I Convert $100,000 Per Year to a Roth to Avoid RMDs?
SmartAsset via Yahoo Finance· 3 months agoAt age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000...
We're 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?
SmartAsset via Yahoo Finance· 3 months agoAt 67, you’re presumably at or near retirement. If you have $1 million in IRAs, it may be attractive...
I'm 64 With $650k in an IRA. Should I Start Converting to a Roth to Avoid RMDs?
SmartAsset via Yahoo Finance· 2 weeks agoYou can reduce the impact that taxes have in retirement by converting pre-tax savings into Roth...
We're 64 Years Old With $750k in an IRA and Social Security. Is It Too Late to Convert to a Roth...
SmartAsset via Yahoo Finance· 4 months agoIf you’re nearing retirement and you have a sizeable IRA balance, you face some significant...
Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other...
SmartAsset via Yahoo Finance· 6 months agoMy wife and I are 70 years old. We've paid off everything, including the house. Between my pension...
I'm 65 With $850,000 in an IRA. Is It Worth It to Convert That Money to a Roth to Avoid RMDs?
SmartAsset via Yahoo Finance· 3 months agoRequired minimum distributions (RMDs) from pre-tax retirement accounts can have a number of...
Schwab Recommends These Strategies for Roth IRA Conversions
SmartAsset via Yahoo Finance· 1 month agoConverting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing...