Thanks again for your reply. Good information. I did another 2023 tax return calculation to see what Roth conversion amount would result in a $0 tax liability and it was only $5,318. So if converting up to $19,000 will still keep me in the 10% tax bracket, that might make sense to do, especially, as you pointed out, the returns on that will grow tax-free in the Roth, whereas they would be taxable in the regular IRA. And, as you said, the 12% bracket will increase to 15% in a couple of years.
Could you please clarify your statement:
"That does ignore the difference I'll have in future RMDs I'll have between converting now or not converting now, but I figure that difference is somewhat offset by being able to get more into Roth IRAs by converting more earlier instead of having to be distributed as RMDs."
I'm having a little trouble following it. Thanks again
