I Want to Put My RMDs in a Roth IRA, But Was Told I Can't. Is That True?
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BING NEWS:
- Can I Avoid Taxes and RMDs by Converting 20% of My 401(k) into a Roth IRA Each Year?
As Aaron Cirksena, founder and CEO of MDRN Capital, told SmartAsset ... Like all post-tax portfolios, a Roth IRA is not subject to RMDs. So households trying to avoid minimum distributions often ...
09/25/2024 - 6:01 am | View Link - Ask an Advisor: I'm Converting $700k to a Roth Because I Need to Take RMDs Soon, But I'm Starting to Get Conflicting Info About Waiting Five Years?
I’m 68 and recently retired and have about $1.4 million in accounts intended for retirement ($1.2 million in a Traditional IRA and $110K in a Roth). I also am receiving about $47,000 annually in ...
09/14/2024 - 11:43 pm | View Link - More
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