When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

I just received a Social Security notice that my modified adjusted gross income was over the income-related monthly adjustment amount (IRMAA) and will be facing an extra charge for Plans B and D. This ...

Discover why accurate income projections make year-end the ideal season for Roth conversions, plus learn how market downturns create unexpected conversion opportunities. Donald Trump's approval rating ...

All future growth is tax-free, so stock market rallies don't increase how much you'll have to pay in taxes. You can delay Social Security to maximize the benefit and use those lower-earning years to ...

Roth conversions aren’t always the best move. Here are the key situations where converting could increase your tax bill and how to decide whether it fits your retirement strategy. Michigan fires head ...

New tax laws create new opportunities for Roth conversions, but clients shouldn’t delay, said Ed Slott, the Rockville Centre, N.Y.-based IRA expert. A “trifecta of tax laws”—the SECURE Act of 2019, ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...

Tax changes may make it possible to convert more to a Roth for the same tax bill. If you started 2025 with a plan for how much you thought you'd convert to a Roth IRA by the end of the year, the ...

If you started 2025 with a plan for how much you thought you’d convert to a Roth IRA by the end of the year, the chances are you’re going to end up with a different amount than you had in mind. For ...

My good friend Bob from Munster had a question I thought merited visiting in the column. Bob’s question involved a topic we are dealing with more and more often in the practice and a tool we are using ...

When saving for retirement, the first decision is how much. But the next decision is where: Do you contribute to a traditional retirement account or a Roth? By far, the majority of retirement assets ...