rdemyan
Returning Member

Retirement tax questions

I should mention that my thinking for converting traditional IRA funds to a Roth IRA is because I currently live in a state that has no income tax.  However, it is likely that I will move to a state that has a relatively high income tax within about five years or so.  So, I'm thinking I should convert as much as I reasonably can while still living in the no income tax state, so that I can reduce or possibly entirely avoid paying any income taxes to the high-income tax state (in about five years or so) on withdrawals from the Roth IRA.  Does this seem like a logical and good reason to do the conversions?