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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Elmer Flugum who wrote (861)	3/31/1998 6:12:00 PM
From: posthumousone	Read Replies (1) \| Respond to of 5810

at age 67 would it be wise to roll an IRA to a ROTH IRA to spread out taxes over 4 years? then after 5 years withdraw the remaining money tax free? or can i withdraw that money at any time because I have attained age 59 ® ? What is a qualified distribution? IE can I take out only as much as I need, say 10% this year and then withdraw 10% next year? If I die would is my IRA not subject to estate taxes to my beneficiaries? IE is it then transferred to my childrens name with no taxes paid? Does it get transferred as a roth IRA for them, so it continue to grow tax free?