Will Your Roth IRA Conversion Be Penalty Free?

Reference Guides
Written By Calvin Jung

To help make the analysis easier, this flowchart “Will My Roth IRA Conversion Be Penalty Free? addresses common issues that you’ll encounter when doing a Roth conversion, including: 

  • Implications for IRAs with after-tax contributions 

  • Pro-rata and aggregation rules 

  • Simple IRA rules 

  • Medicare Part B and Part D surcharge impact 

  • Application of the 5-Year Rule 

  • RMD coordination issues 

Calvin Jung
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