Early Retirement & Financial Independence Community - View Single Post - IRA to Roth Conversion

markf57 · 05-17-2007, 10:55 AM

I'm no expert, I still trying to figure out the dryer sheets.

I want to think that the perfect storm involves delaying SS to no later than 70, using up all your tax deferred money until you take SS, then using Roth money with SS money for the rest of life. This would remove the tax torpedo and RMD. The trick would be to convert the correct amount from tax deferred to Roth along the way. If you overconverted, you could start SS early, if you under converted, you might have a few years of issues.

Is this at all practical?

Thanks,

Mark

05-17-2007, 10:55 AM	#4
markf57 Dryer sheet wannabe Join Date: Dec 2005 Posts: 12	I'm no expert, I still trying to figure out the dryer sheets. I want to think that the perfect storm involves delaying SS to no later than 70, using up all your tax deferred money until you take SS, then using Roth money with SS money for the rest of life. This would remove the tax torpedo and RMD. The trick would be to convert the correct amount from tax deferred to Roth along the way. If you overconverted, you could start SS early, if you under converted, you might have a few years of issues. Is this at all practical? Thanks, Mark