Roth conversion from a traditional roll over IRA

[609-238-1154]

I have a traditional IRA at 71 yrs old. If I convert to a Roth IRA, is it taxable in NJ.

also at 71 does it make sense to convert with large amts in Ira’s and little in non qualified accts.

[Bsch4477]

Yes, it would be taxed by NJ. Whether a conversion makes sense depends on your overall financial situation and goals best addressed by a financial advisor. 

[baldietax]

if your user ID is a phone number you should change that, this is a public forum