I am in year three of a 10 year required inherited RMD cycle. Being newly retired myself and not taking SS for another 3 years, I’m torn between annual larger Roth conversions and minimal RMD withdrawals or larger RMD withdrawals and minimal Roth conversions. Trying hard to stay under the Irma 109k level.
Looking forward to everyone’s observations, opinions, and advice! I so appreciate this community!
Posted by Original-Release-885
1 Comment
There’s not much you can do if you are already 63 or older
You can’t Roth convert until you take the RMD first. After the RMD is distributed you can Roth convert additional balances in an attempt to keep future RMD distributions smaller.