Budgeting Blog

Should You Do a Roth Conversion? 7 Questions to Ask Before You Decide

Should You Do a Roth Conversion? 7 Questions to Ask Before You Decide

— Baddies and Budgets
Taggué: building wealth personal finance retirement planning Roth conversion Roth IRA tax strategy traditional IRA
A Roth conversion can be one of the smartest tax moves you make. Here are 7 questions to help you decide whether now is the right time to convert your traditional IRA to a Roth.
What Are Required Minimum Distributions and How Do You Manage the Tax Hit

What Are Required Minimum Distributions and How Do You Manage the Tax Hit

— Baddies and Budgets
Taggué: IRA personal finance retirement RMDs Roth conversion tax strategy
The government requires you to withdraw from your retirement accounts at age 73. Here is what RMDs are and the strategies that can help you manage the tax impact.