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Convert Rollover IRA to Roth and pay taxes OR invest that money?
Convert Rollover IRA to Roth and pay taxes OR invest that money? My wife has both a Rollover and Roth IRA and we're wondering if she should convert her Rollover to Roth. She currently has 124k in Rollover, 19k in Roth and plans to continue maxing out the Roth. Fidelity's Roth IRA conversion calculator estimates that we would have to pay ~36k in taxes if we convert the entire Rollover, which would eat up most ...
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