A Strategic Move for Your Retirement Savings

I Have $2.5 Million in a Roth IRA and Will Get a $2,500 Social Security Benefit. Can I Retire at 62?
Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a Roth IRA may feel more comfortable retiring at age 62,
Roth IRA Conversions: A Strategic Move for Your Retirement Savings
Consider your current tax bracket, future tax rate projections and the benefits of tax-free withdrawals in retirement
3 Signs Opening a Roth IRA Could Be the Best Retirement Move You Make in 2025
The right answer varies by individual, but here are three signs a Roth IRA could be your best option in 2025. The main advantage of Roth IRAs is that you get tax-free withdrawals in retirement, as long as you're at least 59 1/2 years old and have had the account for at least five years.
Roth IRAs, 401(k)s and Social Security: How they complement each other
A Roth IRA, 401(k), and Social Security benefits can work together seamlessly to secure your retirement. Strategic planning helps minimize taxes and maximize income.
We’re 50 with $1 million in a IRA and want to convert it to a Roth – should we do it now or wait until 65?
Converting IRA funds to a Roth account sooner rather than later can be useful, especially if you're currently in a favorable tax bracket.  By converting to Roth accounts now, your investments can continue to grow tax-free for a long period.
Non-Spouse Inherited IRAs: Ways Not To Squander The Money
Learn how beneficiaries can manage non-spouse inherited IRAs. Explore distribution rules, Secure Act changes, and tax strategies for long-term financial security.
Roth IRA Fund Options From Wealthfront
Wealthfront was founded in 2008, offers a range of exchange-traded funds (ETFs) managed by other companies, and has more than $50 billion in assets under management (AUM). When ma ...
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Ask an Advisor: My Wife Did a $40K Roth Conversion in a Low-Tax Year. Does She Really Need to Wait 5 Years to Withdraw it?
I encouraged my wife to take a $40,000 Roth conversion in a lower tax year. Even though she has another Roth IRA at a ...
How Self-Directed IRAs Can Open New Doors For Retirement Planning
One way to start the year on a positive note is by setting yourself up today to benefit from the tax breaks of an individual ...
Pros and cons of precious metals IRAs: What to know before you invest
A precious metals IRA is a retirement account that allows you to hold certain physical metals in your investment portfolio. The IRS allows gold, silver, platinum, and palladium to be held in an IRA ...
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Understand the Basics of Roth IRA Conversions
When you convert funds from a traditional IRA or 401(k) to a Roth IRA, you’re essentially converting pre-tax dollars to after-tax dollars. This conversion triggers a taxable event, meaning you ...
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Best Roth IRA accounts of January 2025
The Roth IRA — a popular retirement account — is similar to a traditional IRA in that you can regularly contribute to the account and watch your investments grow so you have a nest egg to tap ...
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Roth vs Traditional 401(k)/457(b) when expecting pension income in retirement - how do I choose?
Retirement planning is no longer an easy task. Age, retirement plan options, taxes, and required minimum distributions (RMD) ...
Should I convert my IRA into a 529 plan?
You can also simply use a Roth IRA to pay for college without taking the step of converting the money to a 529 plan. As long ...
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Year-End IRA Tax Moves for 2024 at Any Age
There's no year-end deadline for IRA contributions. You have until April 15, 2025, to fund an account for 2024. If you’re ...
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My gross salary is $84k – should I switch my 401(k) to a Roth IRA instead?
Traditional retirement accounts offer immediate tax relief, while Roth accounts come from pre-tax contributions. However, ...