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Tag Archives: transfers

*Tax Quips, Estates and Trusts, IRAs, Retirement Accounts, Retirement Planning, Tax Planning

Clearing Out IRAs and Retirement Accounts

Posted on December 18, 2012December 28, 2021 by TaxMama

 Today TaxMama® hears from Yazminia in the TaxQuips Forum with an apt question (rephrased). “I am over age 59 ½ and want to transfer money from my IRA to my Roth IRA tax-free. Based on my income level, how much may I transfer without generating taxes?”  

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Posted in *Tax Quips, Estates and Trusts, IRAs, Retirement Accounts, Retirement Planning, Tax Planning  |  Tagged *Tax Quips, 401, bank account, best, Business, economics, estate taxes, Finance, fiscal follies, Free, heirs, Income taxes, Individual Retirement Accounts, Internal Revenue Service, IRA, IRS News, jokes, Money Funnies, retirement account, Roth 401, Roth IRA, Social Issues, Tax, tax answers, tax bill, tax blogger, tax humor, Tax Information, tax jokes, tax podcast, tax questions, tax tips, tax writer, Taxes, TaxMama, terrific, top, Traditional IRA, transfers, USD 1 Comment
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