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https://boards.fool.com/if-youre-already-retired-whats-the-advantage-23444495.aspx
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| Subject: Re: Traditional -->Roth Conversion | Date: 12/18/2005 8:28 PM | |
| Author: bighairymike | Number: 82057 of 132099 | |
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If you're already retired, what's the advantage of converting to a Roth? Whether you take distributions or put them into a Roth, you have to pay taxes on them, right? Andy ---------------------- True, but if you don't need the money to live on, then putting in the Roth sets you up for tax free earnings on the amount converted. |
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