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Re: Chiugray post# 595378

Tuesday, 05/23/2023 1:57:53 PM

Tuesday, May 23, 2023 1:57:53 PM

Post# of 695667
Just to add, it’s my understanding that it’s not always easy to convert a traditional IRA to a Roth. For example, if someone had $2 million in a traditional Self-directed IRA and wanted to convert it to a Roth, they’d likely have to come up with the 35% income tax, or $700,000, in order to do it.
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