No. of Recommendations: 0
I am 69, and must start taking RMD's in 2015. Thus far, I have not touched my investments. This year, I plan to convert the remander of the stock in my SEP-IRA into my Roth and will pay the taxes, thus eliminating my need to sell any stocks for the RMD. Why? The stocks are good dividend payers and right now, I am reinvesting the divies.

Donna (who will not adhere to the 3% or 4% rule...I will only start collecting the dividends in cash, if the need be)


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Donna, you should consider doing partial Roth Conversions over a number of years. That is the road I'm on. I convert enough each year to use up the 25% bracket. It is going to take me a long time but I figure paying uncle sugar 25% over a longer period is better than giving him 39% all at once. The effectiveness of this stragegy has a lot to do with how much other income you have. But it may be worth thinking about.
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