401k Limit 2024 Roth Conversion . You can convert all or part of the money in a traditional ira into a roth ira. What's a roth ira conversion?
(in 2023, it was $6,500.) if you are age 50 or older, you can contribute an additional $1,000 in 2024. Roth income limitations do not apply to this type of conversion.
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