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)


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.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.