Posted 1/29/2019 20:57 (#7282830 - in reply to #7281643) Subject: RE: Thanks
Texas/New Mexico Stateline
He is correct.
The key is to try to do it in a low income year.
Last time we converted a traditional IRA to ROTH it was in a year with a slight loss. Didn't have to pay ANY tax, and as stated no penalty for conversions.