Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

When it comes to managing retirement income, taxes can be one of your biggest – and most overlooked – expenses. Many retirees wonder whether converting their savings to a Roth IRA can help satisfy ...

Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals from Roth accounts in ...

You can mitigate this by doing a Roth IRA conversion now. This changes some of your tax-deferred savings into Roth savings, ...

Converting a traditional IRA to a Roth IRA accelerates taxes rather than avoiding them. The best time to consider a Roth conversion is before Required Minimum Distributions (RMDs) begin. Factors like ...

Required minimum distributions (RMDs) can cause a tax headache. If you don't need the money, you may want to leave your savings alone. One lesser-known rule may help some savers avoid RMDs in certain ...

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. A common theme across personal finance literature is that the end ...

Those surcharges may be worth paying for a limited period of time.

If you have your retirement savings in a traditional IRA or 401(k), you won't always have complete control over how you withdraw that money. Once you turn 73 or 75, depending on your year of birth, ...

There's a reason so many people are tempted to save for retirement in a traditional IRA or 401(k) plan. The money you contribute to a traditional IRA or 401(k) goes in on a pretax basis, allowing you ...