pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
But, what if one takes the money out of the tIRA and converts it to a Roth instead? Long term one might come out ahead by no longer being taxed on future gains. Or am I missing something?
Yes you are missing something. If the tax rate is the same and the taxes come out of the tIRA then it is a wash for same reason.
We've used the example of a $10k tIRA and 15% in taxes and investments double in 10 years. Convert today and your $10k tIRA becomes a $8.5k Roth and doubles to $17k in 10 years. Don't convert and your $10k tIRA today becomes a $20k tIRA in 10 years that is worth $17k after you withdraw and pay the tax.
Now if you pay the taxes from taxable funds that you have there is a slight benefit... but at the end of the day it is mostly a tax rate arbitrage play.