Main Street may not trust Wall Street these days. But still, somebody has to manage all those 401(k)s.

That's the logic behind Financial Engines' business model. The company targets a more downscale client base than your average investment manager: some 45% of members have less than $20,000 in their accounts. Although that means only $142 in annual revenue per client, the firm figures it has the unstoppable force of demographics on its side. The oldest of the baby boomers will turn 65 next year, and they are working in a marketplace that increasingly cuts them loose to manage their own retirement accounts. [Read the full article]

Converting your Individual Retirement Account funds into a Roth IRA has never been easier -- but that doesn't mean it's right for everyone.Ch. 2: All about IRAsCash out, leave 401(k) or roll over?Differences between a Roth IRA, 401(k)7 steps to a Roth IRA conversion4 steps to undo a Roth conversion3 ways to pay for a Roth conversionBoomer dilemma: traditional or RothRoth conversion investment strategiesPenalty-free IRA, 401(k) withdrawals8 Roth IRA conversion traps to avoidChapter1234ALL

The IRS opened up Roth conversions to everyone this year regardless of income and introduced a three-year window in 2010 to pay taxes on the conversion.

It's a great opportunity to put together tax-free retirement income, but it's not without its perils. Bankrate.com spoke with IRA expert Ed Slott about some of the traps taxpayers might not be aware of -- and the dangers associated with them.Trap No. [Read the full article]

New York Times Co. CEO Janet Robinson got a compensation package worth roughly $4.9 million in 2009, according to an Associated Press analysis of a regulatory filing.

Robinson's base salary was cut 4 percent to $962,500. But she got a performance-based bonus of about $2.3 million, four times the size of her 2008 bonus. Robinson also received restricted stock and options that were valued at $1.6 million when they were granted. Other perks, including 401(k) contributions, came to about $31,700.

In 2008, Robinson's total compensation package was valued at $4.4 million. That included restricted stock and options worth $2.8 million at the time. However, the Times Co. later canceled options worth about $560,000 after realizing that it had exceeded a limit set by its own bylaws. To make up for it, the board gave Robinson a set of stock incentives last year that were worth $350,750 at the time they were granted. [Read the full article]

As the tax deadline draws near, the IRS wants you to beware of fraudulent tax preparers, hidden offshore bank accounts and offers that seem too good to be true.

In its "dirty dozen" list, released Tuesday, the IRS urged taxpayers to avoid falling prey to -- or carrying out -- a number of common tax schemes that will result in copious fines or put an offender in prison for years.

"Taxpayers should be wary of anyone peddling scams that seem too good to be true," said IRS commissioner Doug Shulman. "The IRS fights fraud by pursuing taxpayers who hide income abroad and by ensuring taxpayers get competent, ethical service from qualified professionals at home in the U.S."

Among the scams to watch out for this year are preparers who offer refunds that don't exist, promoters who encourage you to argue with the IRS about taxes you owe, and IRS impersonators who may even use Twitter to obtain your personal information. [Read the full article]