No. of Recommendations: 0
Dear TMFPixy,
Thank you for your help on my recent question regarding rolling over my 401k to either a Traditional IRA or a Roth IRA. However, I wonder: is it possible to initially rollover everything to a Traditional IRA, and then gradually, year after year, convert such funds from the Traditional IRA to the Roth IRA that would prevent me from slipping into the next tax bracket?(i.e., converting only $5,000 (out of the total sum of $40,000 in the Traditional IRA)to the Roth IRA in '99, barely keeping me in the 15% bracket for the year; doing the same the following year and so on...) I appreciate your attention, help and patience...
Print the post  


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!
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.
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.