{"ok":true,"trend":{"id":863842,"platform":"news","region":"global","key":"open your first roth at 66 with a $200,000 conversion and empty it at 70, and the $43,000 of growth is taxable, because the account is a year short of five","title":"Open Your First Roth at 66 With a $200,000 Conversion and Empty It at 70, and the $43,000 of Growth Is Taxable, Because the Account Is a Year Short of Five","url":"https://news.google.com/rss/articles/CBMipwJBVV95cUxOSlEzNWN2LWVxalJjLThPZ0pKOFdLUVNBTms2aEZzQTdRNWwxRzJRcWYyZXhqOHVkQ1hGUnQxX0VQOHlQMDBVVWhHSmlybnh3Mm5XdE84S3Zyb2Z2WmhSUTV4bjRQaEFoWUFkVXQ3cTJIOV9lZHE2d2llV2hhUUE5VU1ZNXdOOGxvSElLMFQxS1RGMXozdVBGYTFSaDYzUTF1SUVHNnFBbVhaTEdmeDhHaHRlWmJMcjRzOFFOdnNJNnQ0enFBbUJmemstRHB1alU1dDJ0dDRQXzFWRzBvSzFLVHVyek5xaTU0RlJYaW5GaEgtQ2JOeGNWRlZQZ05qSGhMVE1nX2g0TUI4NUk4MF9lcTVWZm92dzRteGdsdjFnUHdFMndTQzBr?oc=5","first_seen":"2026-10-03T13:24:57.994105Z","last_seen":"2026-10-03T16:09:21.792161Z","last_rank":33,"peak_rank":26,"last_volume":null,"peak_volume":0,"seen_count":3,"score":0.721875,"category_hint":"personal_finance","section":"business","category":"personal_finance","summary":"A personal finance warning is making the rounds: someone who opens their first Roth IRA at 66 and converts $200,000, then withdraws everything at 70, could owe tax on roughly $43,000 of growth. The reason is the five-year rule on conversions — withdrawing converted funds within five years of the conversion means earnings may be taxable, even after age 59½. Commentators urge retirees to check conversion timing before touching Roth money.","why":"The counterintuitive tax penalty traps near-retirees who assume Roth withdrawals are always tax-free after 59½.","tone":"neutral","entities":["Roth IRA","IRS","24/7 Wall St."],"summarized_at":"2026-10-03T13:25:30.842353Z","meta":{"via":"scan","lang":"en","term":"personal finance","source":"247wallst.com","published":"Sat, 03 Oct 2026 13:01:00 GMT"},"nw":null,"promo":null,"kind":null,"importance":null,"hidden":false,"hide_reason":null,"judged_at":null,"title_en":"Roth conversion at 66 can backfire on the five-year rule","section_name":"Business","category_name":"Personal Finance","timeline":[{"captured_at":"2026-10-03T13:24:57.994105Z","rank":26,"volume":null},{"captured_at":"2026-10-03T14:46:59.773567Z","rank":32,"volume":null},{"captured_at":"2026-10-03T16:09:21.792161Z","rank":33,"volume":null}],"posts":[{"platform":"news","url":"https://news.google.com/rss/articles/CBMipwJBVV95cUxOSlEzNWN2LWVxalJjLThPZ0pKOFdLUVNBTms2aEZzQTdRNWwxRzJRcWYyZXhqOHVkQ1hGUnQxX0VQOHlQMDBVVWhHSmlybnh3Mm5XdE84S3Zyb2Z2WmhSUTV4bjRQaEFoWUFkVXQ3cTJIOV9lZHE2d2llV2hhUUE5VU1ZNXdOOGxvSElLMFQxS1RGMXozdVBGYTFSaDYzUTF1SUVHNnFBbVhaTEdmeDhHaHRlWmJMcjRzOFFOdnNJNnQ0enFBbUJmemstRHB1alU1dDJ0dDRQXzFWRzBvSzFLVHVyek5xaTU0RlJYaW5GaEgtQ2JOeGNWRlZQZ05qSGhMVE1nX2g0TUI4NUk4MF9lcTVWZm92dzRteGdsdjFnUHdFMndTQzBr?oc=5","author":"24/7 Wall St.","title":"Open Your First Roth at 66 With a $200,000 Conversion and Empty It at 70, and the $43,000 of Growth Is Taxable, Because the Account Is a Year Short of Five","snippet":null,"posted_at":"2026-10-03T13:01:00Z","likes":null}],"elsewhere":[],"window":"7d"}}