Traditional IRA rollover to Roth
I have an Vanguard account with approximately $65k. It is a self monitored account which I haven’t touched in years. I turn 73 in 2 years. I’m currently retired, yearly income is about $45k. Is it worth my while moving this Traditional account into a Roth?
I love listening to you on WGN radio. Thanks for your advise.
Terry Says
Read this: https://www.terrysavage.com/roth-conversions-2/
Take special note of the potential impact on your Medicare Part B and D premiums!