You could pay nothing in income taxes, or you could pay the same rate as billionaires. Determine how much can be converted without bumping you into a higher tax bracket. Read Full Article.
In Kiplinger, Scott Hanson answers the question: I’m planning on retiring in three years, and my plan is to move my 401(k) into a Roth IRA. Do I have to move the entire account in one year? Or, can I move a portion each year so I can soften the impact on my income taxes? Read more.