Starting this year, some tax breaks will be off-limits for some retirement savers. That’s because of a new provision from Secure 2.0 that went into effect on Jan. 1, 2026.

Beginning Jan. 28, the Thrift Savings Plan now allows participants to convert traditional (pre-tax) balances into Roth (after-tax) balances inside the TSP itself. This long-awaited change gives ...

A Roth conversion involves transferring funds from a pre-tax retirement account, like a traditional IRA or 401(k), into a Roth IRA. You pay taxes on the converted amount in the year of the conversion ...

It can be beneficial to have money in a Roth account during retirement. If you can't or didn't fund a Roth account directly, you can do a Roth conversion. Since a Roth conversion counts as income, you ...

Index fund withdrawals with 65% embedded gains lose nearly 10% to capital gains taxes. Roth conversion ladders require five years before penalty-free access. Early retirees need bridge funding from ...

Civilian federal employees and uniformed service members will soon be able to convert their pre-tax Thrift Savings Plan balances to Roth accounts without leaving the plan. The Federal Retirement ...

The impact of a Roth conversion on a portfolio can be immense over time, to the tune of tens or even hundreds of thousands of dollars If you decide a Roth conversion is worth it for you, it is ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax rate at distribution. Tax-free growth in a Roth IRA is a significant ...

When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

I just received a Social Security notice that my modified adjusted gross income was over the income-related monthly adjustment amount (IRMAA) and will be facing an extra charge for Plans B and D. This ...

All future growth is tax-free, so stock market rallies don't increase how much you'll have to pay in taxes. You can delay Social Security to maximize the benefit and use those lower-earning years to ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...