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Feb. 22, 2020, 11:26 a.m. EST

Am I too old to take money from my IRA and put it into a Roth?

Conversion can also be helpful in estate planning

By Dan Moisand


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Q.: I read somewhere that you could take money out of your IRA and put it into a Roth after you begin RMDs. Is this possible if you are drawing a pension and not working?

—Paul

Dan Moisand is a principal at Moisand Fitzgerald Tamayo, LLC in Melbourne and Orlando, Fla. He is a happily married father of two, a past national President of the Financial Planning Association, has been featured as one of America’s top financial planners by at least 10 financial planning publications.

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