No. of Recommendations: 4
Yeah, it pumps the income tax bill at age 70 when SS goes up a pile and I have RMDs; but that's a nice problem to have.

Consider doing Roth conversions and/or IRA withdrawals now prior to RMD age. Also, we are in lower tax brackets for the next 10 years so all else being equal, it is better to be income taxed on your investments now than 10 years from now.

Plus, your SS may become more taxable if you have higher income from RMDs when you turn it on.
Print the post  

Announcements

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.