sorry if this is redundant but it seems like i have seen different answers for this situation
- started Roth Conversions of TIRA accounts
2021 age 66 $10,000.
2022 age 66 $125,000.
2023 age 67 $150,000.
The plan is to continue to convert up to RMD age so probably 5 more years or so.....the amount to convert will be from $150,000 to $300,000 annually (not sure yet)
can i access principle or earnings prior to year 5 per each conversion year? - when exactly can I access principle and earnings for each year?
if 5 years per Roth year - does that continue as long as I keep doing Roth conversions? (like if I continue thru RMD age?)
thx
- started Roth Conversions of TIRA accounts
2021 age 66 $10,000.
2022 age 66 $125,000.
2023 age 67 $150,000.
The plan is to continue to convert up to RMD age so probably 5 more years or so.....the amount to convert will be from $150,000 to $300,000 annually (not sure yet)
can i access principle or earnings prior to year 5 per each conversion year? - when exactly can I access principle and earnings for each year?
if 5 years per Roth year - does that continue as long as I keep doing Roth conversions? (like if I continue thru RMD age?)
thx
Statistics: Posted by john0608 — Wed Feb 21, 2024 3:15 pm — Replies 0 — Views 39
