Reply To: converting traditional IRA to Roth with no salary income?

Home Fairmark Forum Retirement Savings and Benefits converting traditional IRA to Roth with no salary income? Reply To: converting traditional IRA to Roth with no salary income?

#8136
Alan S.
Participant

A conversion does not require any earned income. However, depending on several variables such as your other income and deductions, the conversion is likely to increase your tax bill for 2020. It may or may not increase the amount of your SS benefit that is taxable.