There have been a number of IRA2Roth conversion threads lately, but thought this topic might be a good one on it's own.
When do you decide to stop the conversions?
Is it at a particular portfolio% (10, 20, ...)?
When projected RMDs go below a certain amount?
When IRA balance hits ZERO?
In my case, (single, 54), my asset location is about 72/18/8 (taxable/IRA/Roth).
I-ORP, as many have used, says to go all out and convert it all (into 24% bracket). This can be accomplished within 5yrs or so. But really, what's necessary? Going to top of 22% seems like a no brainer, but at Single filing, that's not much of a conversion each year. 24% begins around $81K.
RMD's can certainly be controlled with slow growing fixed income in IRA as an alternative.
So, what have you decided as far as when to stop the IRA2Roth conversions, and why?
When do you decide to stop the conversions?
Is it at a particular portfolio% (10, 20, ...)?
When projected RMDs go below a certain amount?
When IRA balance hits ZERO?
In my case, (single, 54), my asset location is about 72/18/8 (taxable/IRA/Roth).
I-ORP, as many have used, says to go all out and convert it all (into 24% bracket). This can be accomplished within 5yrs or so. But really, what's necessary? Going to top of 22% seems like a no brainer, but at Single filing, that's not much of a conversion each year. 24% begins around $81K.
RMD's can certainly be controlled with slow growing fixed income in IRA as an alternative.
So, what have you decided as far as when to stop the IRA2Roth conversions, and why?