Or you can take the total from several IRAs in any amounts you like. No other beneficiary may do so, not even your children. If your children are the beneficiaries of your IRA, they must take all the money out of the IRA immediately after you die and pay taxes on it. Although you are not required to take distributions from your own Roth IRA during your lifetime, all beneficiaries except your spouse must begin taking distributions after you die. If you convert your traditional IRA to a Roth IRA and then withdraw some or all of the converted amount in the next couple of years, those amounts could be subject to income tax.
Converted amounts are never subject to regular income tax after the year of conversion.
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