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Subject:  RMDs for Roths? Date:  3/10/2014  10:11 AM
Author:  inparadise Number:  74472 of 88045

Dan notes that currently, those who have traditional IRAs have to start taking minimum distributions when they reach age 70 1/2, but there's no requirement for Roth IRA holders. But the Obama budget would impose the same rules on Roth IRAs, forcing retirees to withdraw tax-free money from their accounts even if they don't need it.

I can see the point of RMDs on the traditional IRA, so the gov't can get it's tax money at some point, but why on a Roth? I guess it really doesn't change my mind about maxing out Roth conversions, since an inherited Roth already comes with RMDs, but would requiring RMDs on a Roth at 70.5 really add that much to the gov't coffers?

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