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trad. IRA / Roth IRA - taking money out
I retired early last year, and turned 59 1/2 a few weeks ago. I consolidated my 401k's into a traditional IRA a while back. I also have other investment accounts, but I do not have any income besides the interest, dividends and gains of these investments.
What is the best - and tax optimized - way to take money out of the IRA?
Is it worthwhile considering to transfer a certain amount from the traditional IRA into a Roth one and what are the tax implications?
Thanks!
‎November 16, 2022
9:44 AM