Conversion to ROTH IRA

Does an individual need to have earned income to qualify for a ROTH Conversion?



Conversions can be done without any earned income. A good window to consider Roth conversions is just after retirement and ideally before RMDs begin and if possible before SS benefits begin because the marginal tax rate paid for the conversions will tend to be lower.

Thank you Alan!

Add new comment

Log in or register to post comments