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Roth conversion

I’m 60 years old with $ 1.2 million. Should I transfer $ 120,000 a year to Roth to reduce future RMD?

September 2, 2025 by admin
I’m 60 years old with $ 1.2 million. Should I transfer $ 120,000 a year to Roth to reduce future RMD?

Smartset and Yahoo Finance LLC can earn commissions or income through links below. If you are 60 years old with $ 1.2 million. The USD, saved in retirement in the traditional IRA, may start thinking about the necessary minimum distributions (RMDS) and a large annual tax account they can create when you can replace 73. … Read more

Categories insurance Tags Financial advisor, Income taxes, Roth conversion, Roth Ira, Roth's conversion, Tax account, Traditional IRA Leave a comment

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