I ' m in My 60s. Is It Too Late to Convert My IRA to a Roth?

Retirement savers who convert pre-tax retirement accounts such as IRAs to after-tax Roth IRAs after reaching age 60 can keep growing funds tax-free and then make withdrawals in retirement without paying taxes. They avoid early withdrawal penalties and also don’t have to take required minimum…#sep #magi #rothira #socialsecurity

Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news