Reducing RMD
Good afternoon,
My dad will be turning 70.5 in 2009 and will begin RMD. Can he take a portion of his TIRA and convert to ROTH before the end of 2008 to lower his TIRA balance and subsequent RMD?
thanks for the help. KH
Good afternoon,
My dad will be turning 70.5 in 2009 and will begin RMD. Can he take a portion of his TIRA and convert to ROTH before the end of 2008 to lower his TIRA balance and subsequent RMD?
thanks for the help. KH
Submitted by Kirk Halveland on Fri, 2008-05-30 21:22