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Old 05-07-2022, 05:11 PM
TSO/ISPF TSO/ISPF is offline
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Default Roth Conversion before you reach RMD age.

Quote:
Originally Posted by retiredguy123 View Post
Inherited IRA rules are a pain in the neck. For some people, the best thing to do is to systematically convert your traditional IRA to a Roth and save your heirs a lot of hassle. Do the math and watch out for IRMA.
For the sake of those readers in their younger stages of retirement, the advice from some financial planners is to do Roth conversions prior to RMD. Watch your tax bracket and convert as much as possible prior to that first RMD year. Who knows, the laws could change and it may not matter how well you plan. Sorry if this has already been mentioned.
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