2014 contribution
My mandatory qualified plan distributions start in 4 years. Based on the amount of my assets in those plans, does it make any sense to make contributions for year 2014? Seems to me that the tax rate on withdrawal may be as high or higher. Your view on this?
Currently 700,000 in retirement funds.
125,000 income 2014
Would adding to a Roth be better?
Permalink Submitted by Alan - IRA critic on Fri, 2015-01-16 21:59
Yes. if you expect that your marginal tax rate in retirement caused by RMDs. pension or SS taxation and other income will be higher than that for the current year, you would be better off with Roth contributions or incremental Roth conversions.