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Financial Planning / Tax Strategies
|Subject: Re: Another IRA RMD Question||Date: 7/21/2011 9:53 PM|
|Author: tedhimself||Number: 113798 of 121219|
Let me see if I understand.
After I take my RMD and pay taxes on it the after tax balance of the RMD proceeds becomes "regular" money and can't be sheltered.
After this is done can I take some MORE money from within the IRA, pay the tax on that money and then move THAT money directly from the iRA to the Roth?
Sorry for the caps, just trying to be clear. Why would I consider doing this? Because I expect taxes to go up in the future.
Ted - who must take an RMD this year and every year in the future.
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