I have a substantial amount in IRA's and am retired in the sense that I am living off of my investment and rental income. I will not tap into my IRA funds for at least another 15 years.With this situation what do you think about converting an amount of my IRA to a ROTH IRA?I would do this in a controlled amount each year in order to minimize the effective tax rate I would be subject to in each year of conversion.I would employ this strategy because - my tax rate today versus 15 years from now will only differ due to federal changes - not income changes.This would allow some of my annually drawn funds - the amounts from my ROTH IRA to be tax free. This would also allow all of my gains on the ROTH IRA funds from now until draw date to be tax free.Am I missing something?? Does this make sense to you. Please advise
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