Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Samantha (Sam) Silberstein, CFP®, CSLP® ...

A Roth individual retirement account allows tax-free growth of retirement savings. It’s an attractive concept as it can help reduce your tax burden in retirement, a time when most people are limited ...

A conversion allows you to roll funds from a pretax retirement account into a Roth IRA. You will generally owe income taxes on the money you convert. A conversion might make sense if you earn too much ...

Converting a traditional individual retirement account to a Roth IRA is a powerful way to reduce taxes in retirement. Essentially, you’re choosing to pay taxes now in exchange for tax-free withdrawals ...