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This year I am officially retired at age 67 and learning the rules as I start Roth conversions.
This year I will officially have no income from a working salary.
My question is, if my salary was $100,000 for the year in 2023, can I do a
Roth conversion from my rollover IRA for $100,000 keeping about the same 2023 tax bracket (disregard other income)?
Thanks in advance, as I going through Roth 101 for beginners.
This year I will officially have no income from a working salary.
My question is, if my salary was $100,000 for the year in 2023, can I do a
Roth conversion from my rollover IRA for $100,000 keeping about the same 2023 tax bracket (disregard other income)?
Thanks in advance, as I going through Roth 101 for beginners.