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....If you want to avoid RMDs, just convert all your IRA money to ROTH IRAs....

...and pay a lot of taxes upfront for the "privilege". ;-)

II Community Lead


Make the conversions gradually when your income from other sources is low enough to keep yourself out of the highest tax bracket. DW plans to retire soon, so her income will go to zero. No need for her to collect SS for a while, as my income will support us until I retire at age 70. During those transition years, we will convert IRAs and 401ks to Roth. If we were to not do this, our RMDs would put us firmly in the highest tax bracket, higher than we are now. Despite Trump's proposed tax reform, I am not holding my breath waiting for tax rates to go down, especially at the CT state level.
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