I would never convert while still employed. Tax would be too high

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Apr 24, 2024
10:01:25am

BYUCPA All-American

I would never convert while still employed. Tax would be too high

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BYUCPA

Bio page: BYUCPA
Joined: Jan 8, 2003
Last login: May 18, 2024
Total posts: 3,626 (0 FO)

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Messages

Author

Time

At what age do you plan to start converting your 401k/IRA to a Roth IRA?

jvquarterback

Apr 24, 9:48am

is that a normal thing to do, transfer types as you get near retirement?

byujag

Apr 24, 9:54am

For some people there is a window between retirement and when rmds kick in. You'll have lower income

Zenoch

Apr 24, 9:57am

I would never convert while still employed. Tax would be too high

BYUCPA

Apr 24, 10:01am

I converted a big chunk last year to capitalize on taking the full EV fed credit

daxman

Apr 24, 10:08am

I would think you would want to do it as early as possible when the market is

Bruton Guster

Apr 24, 10:11am

63 when I retire

Apr 24, 10:13am

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