Talk of The Villages Florida - View Single Post - Roth IRA Conversions- Age 71
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Old 09-21-2024, 01:14 PM
Pballer Pballer is offline
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Quote:
Originally Posted by Bill14564 View Post
The original looks correct to me. If you contribute wages to a Roth then those can be withdrawn any time. If you convert an IRA to a Roth then the waiting period applies. And, as stated, it appears that each conversion starts its own waiting period.
I’m 65 and Just Did a Roth IRA Conversion to Avoid RMDs. Does the 5-Year Rule Apply to Me?