Comments on: Roth IRA Conversion- What You Should Know http://www.rothirahelp.com/roth-ira/roth-ira-conversion-what-you-should-know/ Expert Advice Tue, 16 Mar 2010 09:39:05 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: William Burke http://www.rothirahelp.com/roth-ira/roth-ira-conversion-what-you-should-know/comment-page-1/#comment-29 William Burke Wed, 20 Jan 2010 22:34:03 +0000 http://www.rothirahelp.com/?p=125#comment-29 If you convert your regular IRA to a Roth IRA and you are older than 59.5 and you have had money in the regular IRA for more tha 5 years, do you have to wait another 5 years after the conversion to the Roth IRA before you can get your money out of the Roth IRA? Presumably your regular IRA has been growing such that not all of the money in the regular IRA has been in the IRA for 5 years. If you could remove money from the Roth IRA immediately after conversion from the regular IRA. how would you determine how much of it could be with drawn? If you convert your regular IRA to a Roth IRA and you are older than 59.5 and you have had money in the regular IRA for more tha 5 years, do you have to wait another 5 years after the conversion to the Roth IRA before you can get your money out of the Roth IRA?

Presumably your regular IRA has been growing such that not all of the money in the regular IRA has been in the IRA for 5 years. If you could remove money from the Roth IRA immediately after conversion from the regular IRA. how would you determine how much of it could be with drawn?

]]> By: Amy Bluth http://www.rothirahelp.com/roth-ira/roth-ira-conversion-what-you-should-know/comment-page-1/#comment-26 Amy Bluth Wed, 06 Jan 2010 16:50:36 +0000 http://www.rothirahelp.com/?p=125#comment-26 NDH Group, Ltd. of Chicago recently released “RothCalc2010” for the iPhone. RothCalc2010 will help you determine whether to convert your traditional IRA to a Roth today, you can find it at the Apple App Store. NDH Group, Ltd. of Chicago recently released “RothCalc2010” for the iPhone. RothCalc2010 will help you determine whether to convert your traditional IRA to a Roth today, you can find it at the Apple App Store.

]]>