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I want to start a Roth IRA account. I have a small traditional IRA that I started years ago which I wish to convert to Roth, and I also want to roll over my current Roth to a different custodian. I'm looking for an account with no annual fee—right now the annual fee eats all the interest from the small old IRA. I have to be able to start the account with $500 (or $1000 if I can count the traditional IRA I want to roll over also), because I have already set up contributions for the rest of this year's maximum to my other IRA. Ideally, the custodian would be someplace that can eventually receive the rollover of my 457 plan from work, which won't go into a Roth, at least not immediately.
I am looking for recommendations for where to open the account, and info on how to do the conversion. I haven't checked all the links in the Roth conversion FAQ yet. Is there a specific one that covers "how to convert" rather than "why to convert"?
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