Is It Smart to Convert $10k at a Time From My 401(k) to an IRA in Retirement?
- Posted on October 16, 2025
- By Yahoo News
- 1 Views
Is It Smart to Convert $10k at a Time From My 401(k) to an IRA in Retirement?
I retired in 2022 at 62 years old. I have a $2,900 monthly pension and draw $1,900 per month in Social Security. I have $520,000 in my 401(k) and $24,000 in an IRA. I currently move $10,000 from my 401(k) to my IRA every time it increases $10,000 in value. Is it wise to do […] The post Ask an Advisor: I'm Already Retired But I've Been Converting $10k at a Time From My 401(k) to an IRA. Is This Wise? appeared first on SmartReads by SmartAsset.