Most retirees with seven-figure 401(k) balances never run the math on what their Required Minimum Distributions will look ...

Unlike employer-based 401(k)s, people set up individual retirement accounts (IRAs) for themselves. But similarly to workplace retirement accounts, traditional IRAs are funded with deductible pre-tax ...

Every December, financial advisors ask high-earning clients: have you done your backdoor Roth yet? The mechanics are straightforward and the financial stakes are real. For anyone earning too much to ...

Roth conversions get major coverage from the popular press these days. Yet despite the hoopla, many of your prospective and existing clients harbor misguided beliefs about this potentially valuable ...

To some the Roth individual retirement account, which now represents $1 trillion in assets in the U.S. and is the fastest-growing segment of the U.S retirement markets, is the perfect retirement ...

Let’s consider a scenario where you have two spouses, both 47, pulling $185,000 at the same employer. They are already maxing ...

The impact of a Roth conversion on a portfolio can be immense over time, to the tune of tens or even hundreds of thousands of dollars If you decide a Roth conversion is worth it for you, it is ...

I’m 44 with $1 million in my 401(k), IRA and Roth IRA. Since my total household is above the threshold for investing in a Roth IRA, I have been considering employing the backdoor Roth IRA tactics. I ...

This 401(k) mega backdoor Roth strategy helps high-earning workers build wealth and minimize how much taxes they pay.