Roth conversion taxes
Living in NY I see it will cost me 33-34% in taxes to convert my IRA to Roth. Does it make sense to spend that much money? Also, I would hate to start converting it to a Roth and then possibly losing the hard earned money I paid in taxes and the money in the IRA, what would make sense to invest in? I’m 58yrs and I will not need the IRA money for a long time probably.
Permalink Submitted by Alan - IRA critic on Fri, 2019-12-27 03:01