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Can I convert RMD funds into ROTH IRA? What are the restrictions for conversion to ROTH (age limit, amount limit, type of retirement accounts)?Thx
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"Can I convert RMD funds into ROTH IRA?"
A Roth conversion is defined in the tax code as a type of rollover, and rollover of an RMD is not permitted.
What you can do is use the cash from an RMD to fund a regular Roth IRA contribution, subject to the limitations on eligibility to make a regular Roth IRA contribution as would be the case with cash from any other source.
The following IRS webpage addresses eligibility to make contributions:
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