How to Convert a Hundred Thousand Dollars Into an Ira?

Markus marks: You can convert a four o one k to an iora roll over, now. He says that would keep you in the 24 % tax bracket. But then im you going to have to free up the money in the brokerage account which is going to be a drag. Mark: If you wait until january to then free up themoney to pay the tax that will be due in april,. your income is now going to be something like 325 thousand dollars, ok? That triggers something on capital gains rates.