A 52-year-old with $1.5 million in a traditional 401(k) and a goal to retire at 57 faces a five-year gap. The 401(k) is built for 59½, the IRS charges a 10% penalty for early withdrawals, and Social ...

Quick ReadConverting $80,000 annually from a traditional IRA to a Roth unlocks each conversion's principal penalty-free ...

A Roth conversion ladder can be a smart strategy that allows you to move funds gradually from one account (traditional IRA) to another (Roth IRA) without triggering any tax penalties. This conversion ...

If you’ve spent years maxing out a 401(k) or traditional IRA, most of your wealth may be sitting behind a wall you cannot touch without a penalty until age 59½. There is a strategy to work around that ...

Many investors and advisers are familiar with the Roth IRA. It’s the go-to retirement account, since it allows for tax-free growth on earnings as well as tax-free withdrawals for the account owner. A ...

Stream Connecticut News for free, 24/7, wherever you are. Roth individual retirement account conversions are a popular way to reduce future levies on pretax 401(k) or IRA withdrawals — and you can ...

Many people worry about accessing retirement savings before age 59½, especially with rules that seem confusing. A **Roth conversion ladder** helps you create predictable, penalty‑free withdrawals by ...

Kimanzi Constable is a CNET Perspectives contributor who writes about energy, personal finance, broadband and entrepreneurship. He is the author of four books and a freelance writer whose articles ...