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Thank you Alan….very clever.
It seems like I have two possible approaches:
1. Convert $100k from the tira while having $22k withheld and subsequently rolling $22k from savings into the Roth within 60 days OR
2. Convert $100k from the tira with no withholding. Then do a second tira withdrawal for $22k and withhold (most if not) all of it. Within 60 days, I would roll $22k from savings back into the tira.
Seems as though you end up at the same place…+$100k in Roth, -$100k in tira, -$22k savings.
#2 seems cleaner to me?