My wife is 68 years old. I have received multiple judgements on this. My financial advisor says that the Delaware Pension Exclusion would apply to a Roth conversion because the conversion is taxed as income. A tax advisor here in Delaware tells me the Pension exclusion does not apply to a Roth conversion as there was no distribution to her. The intent is to provide up to $12, 500 of additional state tax relief to seniors for pension / retirement account income. Which is the answer?
