Reported about 14 hours ago
If you convert $7,000 annually from a traditional IRA to a Roth IRA, it won't increase your Social Security benefits, as these conversions aren't counted as earned income. However, they could reduce the taxable income from your Social Security benefits. It's crucial to consider the timing and strategy of these conversions, especially if you're already receiving Social Security, as it may affect how much of your benefits are taxable.
Source: YAHOO