Submitted by tratratrakx t3_11d2bdd in personalfinance
Nagisan t1_ja6in71 wrote
Reply to comment by arbus2021 in Alternatives to Roth IRA? (Based in USA) by tratratrakx
You don't need to convert the entire account, however, you can't convert only after-tax dollars. When you convert Traditional IRA to Roth IRA, it's pro-rata - which means conversions are proportional to the pre vs post tax dollars. If 10% of your tIRA is post-tax and 90% is pre-tax, any conversion you do will be taxable on 90% of the conversion.
arbus2021 t1_ja6jf8o wrote
Appreciate the response.will do some digging
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