[Boomer]

Getting this done before hitting RMD age can be especially helpful. Once that age hits, you have to take your RMD before you can do a conversion to Roth.

When you are of RMD age, that’s past Medicare age, and a conversion then could throw you into IRMAA’s clutches. But it could still be a good idea to do a conversion anyway.

I think if you do them while you are in a lower tax bracket, you will be very glad down the road……But just because you are older, conversions to Roth should not be off the table. There are just more things to be aware of like IRMAA, and about how using QCDs for part of an RMD can help with the AGI.

Yep. There’s still time to see what 2022 says about what you should/could do.

Boomer

Note: That’s a typo in the subject line. — that ‘or’ on the end now makes no sense. I bumped the iPad. I wish we could correct subject lines or titles here, but I guess it’s a quirk of the system that we can’t.