View Single Post
 
Old 11-14-2020, 05:07 PM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 14,264
Thanks: 2,349
Thanked 13,742 Times in 5,255 Posts
Default

Quote:
Originally Posted by tcxr750 View Post
IMO. Just remember that at age 70 1/2 you will be required to make withdrawals from your conventional IRA at percentages determined by the government wether you want to or not. The percentage goes up every year.
Time for an accountant knowledgeable in the consequences of ROTH vs conventional IRA.
The required mimimum distribution age is 72, not 70 1/2. Check the new law.