Age 59 ½ is the magic age at which you can start taking distributions from retirement accounts without a penalty. This listener is wondering if he can convert part of his IRA to a Roth IRA even though he's not 59 ½. And if he goes ahead with the conversion, will it be subject to the 10% penalty? Listen to this episode to find out.

You will want to hear this episode if you are interested in...

• [1:09] Attend a Retirement Readiness Review Workshop
• [2:26] The basics of a Roth IRA/Roth conversion
• [5:18] The first way you can do a Roth conversion
• [8:20] How to do a conversion with an existing IRA
• [9:00] What can be converted to a Roth IRA?
• [9:45] When a Roth conversion makes sense

Resources Mentioned

• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel

Connect With Morrissey Wealth Management

www.MorrisseyWealthManagement.com/contact

Subscribe to Retire With Ryan