Say you’ve saved $1.6 million in your 401(k) — a number that reflects years of discipline and sacrifice. Now, financial experts are saying much of that money should be in a Roth IRA instead. Should you convert? And if so, how much at a time and when? Explore More: Here’s Why You Might Want To Invest Your Retirement Savings in a Roth 401(k) Learn About: 3 Advanced Investing Moves Experts Use to Minimize Taxes and Help Boost Returns These are the exact questions GOBankingRates reader Sofia recently submitte ...

- Getty Images Dear Dan, I found your column “Do Roth IRA conversions still make sense with the passage of the GOP tax law?” very helpful and I better understand the strategic choice a conversion to a Roth IRA represents. My question is not about why or how, but when the best time is to convert. Is it early in the year, late in the year, or as one person suggested to me, whenever the market declines? Where do you stand on this? —Considering Conversions Most Read from MarketWatch Read: The case against R ...

Financial expert Suze Orman is urging Americans not to wait when it comes to opening a Roth IRA. Even if you only have a single dollar to contribute, she says in a recent episode of her "Women & Money" podcast, getting an account started now can save you from future tax headaches. The reason comes down to the "five-year rule," a little-understood rule that determines when your Roth IRA money can truly be withdrawn tax-free. Why Roth IRAs Are So Valuable A Roth IRA is funded with after-tax dollars, meani ...

President Donald Trump’s One Big Beautiful Bill set the stage for Trump accounts for kids. Every qualifying child born after Dec. 31, 2024, and before Jan. 1, 2029, is eligible for a free $1,000 Trump account. Parents have the option to contribute up to $5,000 per year into the account. Employers can also contribute $2,500 per year to a Trump account without it impacting the employee’s taxable income. Be Aware: Suze Orman: These Are the 3 Biggest Mistakes You Can Make as an Investor Find Out: 7 Luxury SUV ...

Key Points Unlike a 401(k) or traditional IRA, Roth IRAs allow you to take tax-free withdrawals in retirement. Also know that you can withdraw contributions, but not earnings, at any time from a Roth IRA. High earners have workarounds that allow them to also contribute to a Roth IRA via a backdoor method. The $23,760 Social Security bonus most retirees completely overlook › Arguably, the best way to financially prepare for retirement is by taking advantage of retirement accounts. It's a way to ...

Aside from a Roth, there are specialized IRAs that you could consider based on specific circumstances and preferences. For instance, billionaire hedge fund manager Ray Dalio favors gold in the current high-inflation environment, calling it a "timeless and universal" investment. Meanwhile, Orman has spoken at length about the importance of putting your money in a tax-advantaged retirement account.While many Americans worry about whether they'll have enough money to survive during retirement, Suze Orman consi ...

退休账户强制最低提领规则 - 拥有401(k)或传统IRA等延税退休账户者必须按IRS规定开始强制最低提领(RMDs) 起始年龄2024年为73岁 2033年将提高至75岁[2][3] - 未按规定提领将面临未提取金额25%的罚金 若两年内纠正可降至10%[3] - 提领金额基于IRS预期寿命计算 需每年执行[3] 强制提领的税务影响 - RMDs提领金额需作为普通收入缴纳所得税[5] - 可能触发高达85%的社安金福利被征税 并提高医疗保险保费中的收入相关调整金额(IRMAA)附加费[5] - 对不需要动用RMDs资金维持生活开支者 税务最小化成为关键问题[4] 合格慈善分配策略 - 通过合格慈善分配(QCD)将资金直接捐赠给符合IRS资格的慈善机构 可完全避免该部分资金的所得税[6] - 2024年QCD限额为10.5万美元 必须由账户直接转账至慈善机构 经个人中转则无效[6] 在职延迟提领策略 - 当前雇主401(k)账户在职期间可豁免RMDs要求[7] - 将历史401(k)资金转入新雇主计划而非IRA 可避免多个旧账户的应税提领要求[7]

罗斯转换的税务考量 - 罗斯转换在预期当前边际税率低于未来税率时具有税务优势 允许在税负最低时完成课税 [3] - 70岁投资者持有140万美元传统IRA 考虑未来5-10年内高额RMD问题 拟通过每年16万美元转换控制税负 [1] - 转换操作将使投资者进入24%税率档位 并触发330美元医疗保险保费费率 [1] 遗产规划与财务控制 - 罗斯IRA账户不受强制最低取款要求限制 赋予账户持有人完全自主的资金提取权 [3] - 当继承人处于更高税率等级时 将税前账户转为罗斯账户可提升遗产税后价值 [4] - 转换决策需综合考虑投资者具体财务状况和最终目标 [2] 决策分析方法 - 需对比进行与不进行罗斯转换情景下的未来应税收入预测 该预测需包含投资回报假设 [6] - RMD计算取决于账户持有人年龄与账户余额两个核心变量 [6] - 税务责任比较需建立在对未来税率变化的合理假设基础上 [6]