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Thread: Need Tax Advice On A Roth IRA
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Old 11-14-2020, 05:04 PM
Villageswimmer Villageswimmer is offline
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Originally Posted by tcxr750 View Post
IMO. Just remember that at age 70 1/2 you will be required to make withdrawals from your conventional IRA at percentages determined by the government wether you want to or not. The percentage goes up every year.
Time for an accountant knowledgeable in the consequences of ROTH vs conventional IRA.
No. The RMD age is now 72. There is pending legislation that could hike it to age 75.
Don’t take advice for such critical financial information on an internet site.