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What is the process to convert my IRA to a Roth IRA?

convert IRA process roth ira
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What is the process to convert my IRA to a Roth IRA?

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If your IRA is not held at Midas Fund, you can convert a Traditional, SEP or SIMPLE IRA (after a two-year holding period is met) at another institution to a Midas Fund Roth IRA using either: Transfer your IRA to an identical IRA at Midas Fund. When the transfer is complete, you can initiate the conversion to a Roth IRA. Convert your Traditional, SEP or SIMPLE IRA to a Roth IRA while custodied at your other institution. When the conversion is complete, you will need to initiate the transfer of your Roth IRA to a Midas Fund Roth IRA.

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