Business Q&A: Let's have a conversation about Roth conversions

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax ...
SmartAsset on MSN

I'm 60 with $1.2M in an IRA. Does converting $120K per year to a Roth make sense?

If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about ...
ksn.com

American IRA Discusses the Best (Legal) Ways to Avoid Taxes on Required Minimum Distributions in Self-Directed IRAs

A recent post at American IRA has the answers. ASHEVILLE, NC, US, January 11, 2024 / EINPresswire.com / -- Noting that there are plenty of legitimate ways to avoid the taxes that can come with poor ...
AOL

Don't Need Your Required Minimum Distribution (RMD) Right Now? What Can You Do With the Cash Influx?

The IRS eventually comes looking for the tax revenue it didn't get to collect earlier on the money invested within IRAs and other tax-deferred accounts. Just because you withdraw money from a ...
MarketWatch

I’m in my 70s. Should I take the tax hit and withdraw all of my inherited IRA to avoid required minimum distributions?

I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, plus some non-retirement account investments. I also inherited a traditional ...

6 Excellent Ways to Use Your Required Minimum Distributions (RMDs)

If your retirement funds are held in a profit-sharing plan such as a 401 (k), 403 (b), 457 (b), or individual retirement ...
The Monterey County Herald

Barry Dolowich, Tax Tips: 2025 require minimum distribution of an IRA account

Question: I am retired and turning 73 in 2025. My brokerage company just informed me by letter that I am required to take a distribution from my traditional IRA account. I do not need the money and do ...