I'm 65 With $750k in an IRA and Already Taking Social Security. Is a Roth Conversion Still an Option?

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re 65 years old and collecting Social Security, you may wonder if it’s too late to convert your $750,000 traditional IRA into a Roth IRA. The short answer is no – there are no legal restrictions to Roth conversion based on age or income. Practically, however, the decision involves carefully weighing tax implications, healthcare costs, estate planning and more. Spreading conversions over multiple yea ...