Advisors should ask every client to prioritize their financial goals and carefully consider the benefits and risks of Roth conversions, said Ed Slott, the Rockville Centre, N.Y.-based IRA and ...
Many investors don't plan for future taxes when funneling money into pre-tax 401(k) plans and traditional individual retirement accounts. But as balances grow, "your IRA is an IOU to the IRS," said ...