Roth conversions are a good way to avoid RMDs. Your 60s may offer an opportunity to convert a traditional retirement plan ...

Every December, financial advisors ask high-earning clients: have you done your backdoor Roth yet? The mechanics are ...

Be careful if you're going to use this strategy.

High earners who execute the backdoor Roth IRA correctly can still generate an unnecessary tax bill through one specific ...

Considering a Roth IRA conversion before RMDs? Learn if paying taxes now to avoid them later is right for you.

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

In November 2021, the House of Representatives voted to kill two of the most powerful tax strategies available to high ...

Let me be honest with you. When it comes to retirement planning in 2025, there's a conversation happening in financial circles that most people are missing. It's about a window of opportunity that, ...

With the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to a Roth IRA and thereby benefit from potential tax-free growth and qualified tax-free withdrawals ...

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 ...

Some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, individual income tax hikes seem less likely under President-elect ...

With the 2017 Tax Cuts and Jobs Act (TCJA) set to expire at the end of this year, financial advisors and tax professionals find themselves in a familiar position—navigating uncertainty. Tax laws are ...