Most of us have heard of the Federal Reserve and know that the “Fed” has a role in setting interest rates, but many are unaware of what the Fed is and what it actually does.
Learning to drive is an important milestone in one’s life. Other milestones, like retirement are no different – we look forward to it, but we need to prepare and we can do that by learning the “rules of the retirement road.”
A Roth conversion is a strategic financial move that involves transferring funds from a traditional retirement account — such as a Traditional IRA or 401(k) — into a Roth IRA.
