Permalink Submitted by Alan Spross on Mon, 2008-08-25 04:08
Yes, as long as you have earned income.
And even if you do not have earned income, you can still convert from your traditional IRA to a Roth IRA if your income is under 100,000. If you are 70.5, you must take your RMD first prior to converting an additional amount. You cannot convert the RMD amount.
Permalink Submitted by Alan Spross on Mon, 2008-08-25 04:08
Yes, as long as you have earned income.
And even if you do not have earned income, you can still convert from your traditional IRA to a Roth IRA if your income is under 100,000. If you are 70.5, you must take your RMD first prior to converting an additional amount. You cannot convert the RMD amount.