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Ask an Advisor: With $1.4M in IRAs at Age 70, Does Converting $160k a Year to a Roth 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 ...
AOL

I Use These 3 Overlooked Roth IRA Strategies Every Year

Owning high yield dividends, doing backdoor conversions, and custodial Roth IRAs are just a few options Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial ...
Kiplinger

Here's How to Plan This Year's Roth Conversion, From a Wealth Manager

If you open a new Roth IRA account, you must wait five years from the beginning of the first taxable year you contributed to withdraw without a 10% penalty. That means even if you open a new account ...
AOL

3 Reasons to Make Roth IRA Conversions Early in Retirement

All future growth is tax-free, so stock market rallies don't increase how much you'll have to pay in taxes. You can delay Social Security to maximize the benefit and use those lower-earning years to ...