I want to do exactly what you are doing. My accounts are held by Etrade where they unfortunately seem to have no idea how to make this happen.
So I’m stuck.
Any advice you have will be greatly appreciated.
Thank you!
Bimmer
aj will no doubt be along but I will get the ball rolling. I too have been doing Roth Conversions for a number of years.
Not sure what you mean when you say “Etrade where they unfortunately seem to have no idea how to make this happen.”.
E-trade, like most brokers, does offer Roth Accounts.
https://us.etrade.com/what-we-offer/our-accounts/roth-ira
All you do is set one up. Then transfer assets from your T-IRA to the Roth. Voila, you have done a Roth Conversion.
The “Art” of Roth Conversions is figuring out the amount to convert in a given year. There are a lot of moving parts. I will leave it at that for now.
You may want to move your question over to the Retirement Investing board. Roth conversions get a lot of discussion over there.
Here is a link
https://discussion.fool.com/retirement-investing-100154.aspx?mid…