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He Opened His First Roth at 64 With a $100,000 Conversion. At 67 the Growth Was Still Taxable to Withdraw, Because the Five-Year Clock Started Late

247wallst.com · 2h · first reportShare

Converting a traditional IRA to a Roth and paying the tax bill feels like crossing the finish line, but one overlooked clock can make the growth in that shiny new account fully taxable years later, and most savers never see it coming.