Tax Exchange Format, or TXF, is an extension for files containing tax-related data such as income, expenses and stock transactions. This standard file format is supported by several financial software ...

Roth conversion ladders make it possible to enjoy tax-free retirement savings. Here’s what to know before you start. Many, or all, of the products featured on this page are from our advertising ...

I want to do a Roth conversion from my traditional IRA in the amount of $250,000. It’s my understanding that I have to pay the income tax on the $250,000. Can that tax be paid from the funds in the ...

A conversion allows you to roll funds from a pretax retirement account into a Roth IRA. You will generally owe income taxes on the money you convert. A conversion might make sense if you earn too much ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. A file’s format—the way that it’s saved and encoded ...

Use this strategy for tax- and penalty-free income during early retirement AJ_Watt / Getty Images Want to retire early? A Roth IRA conversion ladder could help you tap your tax-sheltered retirement ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...