Ira Conversion Age 44 Taxable Bracket 28% +6% State
Is it wise financially to make a IRA conversion to Roth if all of the conversion would be in the 28% bracket.
Taxes could be paid with non IRA money. As stated above age is 44, employed, income above $100,000 and single. State tax rate 6%. Thinking of converting $100000.00.
Thanks
Submitted by John Hamilton on Wed, 2010-12-08 17:14