Outside the Box: Am I too old to take money from my IRA and put it into a Roth?
Q: I read somewhere that you could take money out of your IRA and put it into a Roth after you begin RMDs. Is this possible if you are drawing a pension and not working?
—Paul
A.: Paul, converting money from a traditional IRA to a Roth IRA is allowable at any age. Whether you are working, receiving a pension, or any other income is irrelevant to whether you may convert.
However, there is an…