Talk of The Villages Florida - View Single Post - Roth IRA Conversions- Age 71
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Old 09-22-2024, 10:14 AM
retiredguy123 retiredguy123 is online now
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I have never used my traditional IRA money to invest in stocks because you lose the lower tax advantage of capital gains. So, I have always maintained two accounts, taxable money in stocks and tax deferred IRA money in bonds. All tax deferred money that you withdraw from a traditional IRA is taxed as ordinary income. These facts should be considered when evaluating a Roth conversion.