Demand for Roth IRA conversions may increase under a Trump presidency

Demand for Roth IRA conversions may increase under a Trump presidency

dowell | Moment | Getty Images Before the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, tax hikes are less... Read more »
Roth IRA income limits for 2025

Roth IRA income limits for 2025

D3sign | Moment | Getty Images Roth IRA income phaseouts for 2025 To contribute up to the limit in a Roth IRA, your modified adjusted gross income, or MAGI, must be below... Read more »
Year-end Roth IRA conversions are popular — but don’t wait too long

Year-end Roth IRA conversions are popular — but don’t wait too long

If you’re weighing a year-end Roth individual retirement account conversion, waiting too long could be risky, financial experts say.   Roth conversions move pretax or nondeductible IRA funds to a Roth IRA, which can... Read more »
Why your Roth IRA conversions could have ‘unintended’ tax consequences

Why your Roth IRA conversions could have ‘unintended’ tax consequences

Baona | E+ | Getty Images As year-end approaches, you may be eyeing Roth individual retirement account conversions. The strategy, however, boosts your income, which can have other tax consequences, experts say.... Read more »
Your kids need a Roth IRA, the ‘golden egg’ savings vehicle

Your kids need a Roth IRA, the ‘golden egg’ savings vehicle

Jasondoiy | E+ | Getty Images As a financial advisor mom of three kids, I know well the power of compounded interest and the value of early work experience and learning to... Read more »
What to Know Filing 2023 Taxes: Interest Income, Roth IRA Limits, Direct File

What to Know Filing 2023 Taxes: Interest Income, Roth IRA Limits, Direct File

Americans who enjoyed capital gains from a rallying stock market or interest from high-yield savings accounts in 2023 may have a few surprises waiting for them in their tax bill. That’s emerging... Read more »
Here’s what I learned about Roth IRAs and HYSAs as a Gen Z reporter

Here’s what I learned about Roth IRAs and HYSAs as a Gen Z reporter

  Klaus Vedfelt | Digitalvision | Getty Images ‘The Roth IRA is an incredible savings vehicle’ Roth individual retirement accounts require investors to pay taxes on the contributions they make now, rather... Read more »
Buy these stocks for a potentially choppy 2024, Roth MKM says

Buy these stocks for a potentially choppy 2024, Roth MKM says

Investors should brace themselves for volatility in 2024 as the market waits for answers on where interest rates will go and whether the economy will avoid a recession, according to Roth MKM.... Read more »