After retirement, I dropped to the 15% tax bracket, so I did Roth conversions of my regular IRA to fill out that tax bracket until I was age 70½. My tax preparer says he has clients who would be happy with my problem, so I should tread softly with my tax complaints. One thing I regret is funding a nondeductible IRA for a few years before the availability of the Roth IRA. These conversions can be a great idea if people suspect they’ll be in a higher tax bracket in retirement. But the fact that people can withdraw their Roth contributions at any time without taxes or penalties is not some obscure facet of these retirement accounts.

Source: Los Angeles Times December 17, 2017 10:52 UTC