Calculator for IRA -> Roth IRA Conversion

Nov 05, 2008 1 Replies

How do I know if I should convert my IRA to a Roth IRA ? Age: 40 IRA Value: 220,000



Am I better off just retiring (at the appropriate age) and taking out the minimum ?


--------------= Posted using GrabIt =----------------



------= Binary Usenet downloading made easy =---------



-= Get GrabIt for free from

formatting link
=-


See my reply on the Roth vs traditional 401(k). Same question apply. In the case of conversion, it's rare for it to make sense to convert such a large sum. If you are now in the 15% bracket and envision your income rising, you'd want to convert enough to just 'top off' that bracket, but no more. Joe

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required