Q.: I understand that prior to 70½, I can convert as much of my retirement accounts as I want to a Roth and the Roth will not be subject to RMD (required minimum distribution). My wife works. I do not. We will both turn 62 next year. How do I decide how much to convert?
— Brian in Toledo
A.: Brian, generally you want to convert as much as you can so that the tax rate that applies now is lower than the tax rate you would face later. If converting means you would pay a higher rate now than would apply …
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