Personal Finance Advice and Commentary

Friday, January 10, 2014 11:31 am
By Barbara Whelehan · Bankrate.com

In 2010, when higher earners were first allowed to do Roth conversions, many people took advantage of the opportunity to pay taxes upfront for a tax break in the future.

Tuesday, November 16, 2010 11:25 am
By Kay Bell · Bankrate.com

Most tax watchers expect Congress, during its lame duck session that began this week, to continue the Bush tax cuts for at least a little while. Such predictions have prompted a rush to Roth IRA conversions. A Roth retirement account doesn’t offer an immediate tax deduction for any contributions, but there is no tax on the money