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Is It Smart to Convert $10k at a Time From My 401(k) to an IRA in Retirement?

I retired in 2022 at 62 years old. I have a $2,900 monthly pension and draw $1,900 per month in Social Security. I have ...

IRA Conversion to Roth: Rules to Convert an IRA or 401(k) to a Roth IRA

A n IRA conversion to Roth is a popular pre-retirement or early retirement move. Roth IRAs offer several benefits that traditional retirement plans don’t. Not only are investment gains in a Roth IRA ...
Morningstar

Making a Roth conversion decision on your own can be scary. How to know when to make a move.

When is a Roth conversion a good idea? Readers are confused about their strategies. Got a question about investing, how it fits into your overall financial plan and what strategies can help you make ...
WTOP News

How to convert to a Roth IRA

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...
Yahoo

Understanding the backdoor Roth IRA—How it works and why you should consider it

Retirement planning can feel like solving a jigsaw puzzle, especially for high-income households. If you're earning too much to qualify for a Roth IRA directly, you might assume that the Roth IRA's ...