Hello,
I am 59 1/2 and would like to rollover my 403b to a Trad IRA and then start slowly converting that to a Roth IRA, minimizing taxes.
My question is, are there any issues or restrictions that anyone is aware of in doing this? I know there is a five year issue with Roth withdrawals, but is there something that would require me to wait before doing any of the conversions?
I am earning less in my last few years or working and want to pay taxes from my salary on the Trad IRA to Roth IRA conversions up to the next tax bracket.
Thank you for any advice.