401 (k)-to-Roth Conversion in Action Imagine you’re a 60-year-old single filer with $640,000 in a 401 (k) and an annual income that places you, at the highest, in the 24% federal tax bracket in ...

From a legal and regulatory standpoint, it is never too late for a Roth conversion. Under the rules, you can transfer retirement funds from a tax-deferred account such as a 401(k) to a Roth IRA at ...

A Roth conversion allows you to convert a pre-tax account like a 401 (k) or traditional IRA into a Roth account. How you carry out your Roth conversion can impact the taxes you’ll pay on it.

The downside of Roth conversion is the current tax bill. Converting $75,000 of 401 (k) funds to a Roth increases the saver's income by $75,000 for that year. Assuming the saver is single with ...

It's an age-old question, what is the right time to convert a 401 (k) to a Roth IRA? But with new legislation coming, the decision may need a bit of extra consideration. In this segment of ...