No. of Recommendations: 0
BGP asks:

<<Is this ability to roll an IRA to a ROTH available if mandatory distributions have begun? >>

Yes, it is with one restriction beyond the $100K AGI limit. The minimum required distribution must be taken for the year before the entire IRA may be converted to a Roth IRA.

<<Also for folks over 70 1/2 that roll an IRA into a Roth are there any limitation on how much or when they can withdraw funds?>>

After the money is in a Roth IRA no further distributions are required. Thus, the owner may take as much or as little as she wants. If she wants to let it grow and take nothing, she can do that.

Regards..Pixy
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement