A Roth IRA conversion allows you to transfer funds from a traditional IRA to a Roth IRA, but you must pay taxes on the converted amount upfront while benefiting from tax-free withdrawals later.

Socking away money for retirement is something that’s top of mind for many people. Many Americans save money for their "Golden Years" through workplace retirement plans and individual accounts they ...

Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies, experts said. "In general, we ...