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Tag: Roth

Is Converting $150k Annually From My $1.5M IRA to a Roth a Smart Move at 62?
Posted in Business

Is Converting $150k Annually From My $1.5M IRA to a Roth a Smart Move at 62?

Estimated read time 7 min read
Posted on April 14, 2025
by Joelgalvan

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. A 62-year-old with $1.5…

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‘A Roth IRA Can Double As An Emergency Fund.’ Is That True?
Posted in Business

‘A Roth IRA Can Double As An Emergency Fund.’ Is That True?

Estimated read time 4 min read
Posted on April 5, 2025
by Joelgalvan

Roth IRAs are some of the best tax-advantaged accounts that investors can access. Although you have to pay taxes on…

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We’re in Our Late 50s With $1.6M in 401(k)s. Should We Start Making Roth Contributions?
Posted in Business

We’re in Our Late 50s With $1.6M in 401(k)s. Should We Start Making Roth Contributions?

Estimated read time 9 min read
Posted on March 15, 2025
by Joelgalvan

A married couple looks over their retirement savings to determine whether it makes sense to switch to Roth contributions. SmartAsset…

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My RMDs Are Near, So I’m Converting $700K to a Roth to Avoid Them. Do I Have to Wait to Access the Money Then?
Posted in Business

My RMDs Are Near, So I’m Converting $700K to a Roth to Avoid Them. Do I Have to Wait to Access the Money Then?

Estimated read time 7 min read
Posted on March 8, 2025
by Joelgalvan

Financial advisor and columnist Brandon Renfro SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the…

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How do Roth IRA taxes work?
Posted in Business

How do Roth IRA taxes work?

Estimated read time 5 min read
Posted on February 24, 2025
by Joelgalvan

FabrikaCr via Getty Images Individual retirement accounts, commonly known as IRAs, are a tax-friendly way to build retirement savings. A…

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