I rolled over $100k of a 401k to an IRA years ago. Now it's $250k and I'd like to convert to Roth. First, I'm only on the tax hook for the $100k?
Second, and this is where the main question is: I've learned that I can make the conversion over multiple years to lessen the impact on a given year to my bracket. So how do the mechanics of this work at this point? Do I take a percentage of what it is now and equate that to the $100k, or is it more FIFO like?
Submitted March 04, 2017 at 06:51AM by knuckboy http://ift.tt/2lpu77H
