When there is a mix of pre- and after-tax dollars, you cannot withdraw (or convert) just the non-deductible funds and pay no tax.

What if an RMD gets erroneously converted? Is there a fix? Yes.

There is still time! You can still make a prior-year (2024) IRA or Roth IRA contribution up to the tax filing due date, April 15, 2025.

If you don’t fix the error by that date, the tax consequences are serious. Having a tax filing extension for 2024 does NOT give you more time.

The distribution rules for taxation of Roth IRA distributions can be complicated, but if they are followed, the reward is tax-free withdrawals in retirement.

Tax season is upon us! If you are thinking about making a contribution, here are 10 things you need to know.

One interesting legislative proposal that has surfaced to cover the cost is the possibility of requiring Health Savings Accounts (HSAs) to be made on a Roth basis.

Confusion exists over when a QCD can be done in relation to the RMD; let’s set the record straight.

Health Savings Accounts (HSAs) continue to become more popular. Here is what you need to know about taking tax-free HSA distributions.

Understand the tax rules behind NUA strategies. Learn how timing, cost basis, and Roth conversions impact long-term gains and penalties.

Discover the IRS tax relief and retirement withdrawal options for victims of Hurricanes Helene and Milton. Learn about penalty-free IRA withdrawals, extended tax deadlines, and SECURE 2.0 benefits.

Recharacterization of IRA contributions is still available and can be helpful in many situations you may find yourself in.