Wondering if you should convert your tax-deferred retirement savings to a Roth? Here’s what to consider
Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation.
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Ask an Advisor: At 70, Does Converting $160k a Year From My IRA to a Roth Still Make Sense?
I am 70 and I have $1.4 million in traditional IRAs. Is it best to do $160,000 in Roth conversions for the next 1-3 years to reduce my high RMDs in about 5-10 years? That would put me in the 24% tax ...