Q:
I have a
non-spousal
inherited IRA
account. Once I
take out my RMD
for the year, am I
able to take out
excess funds and
roll those into a
Roth account?
Answer
Q:
Client (72) has
recently inherited
a "Beneficiary
IRA" account. My
question is for
next year: Can she
use qualified
charitable
distributions for
her beneficiary
IRA?
Answer
Q: I’m learning
a lot from Ed
Slott’s latest book,
"The New Retirement
Savings Time Bomb,"
but I do have a
question on 401(k)
Roth IRA
conversions. I’m
recently retired
with a company
401(k). I’m leaning
towards keeping the
401(k) (rather than
rolling it into my
IRA. Is it possible
to do an annual
direct conversion
(partial) from my
401(k) to my Roth
IRA, keep the
remaining funds in
the 401(k), and
repeat the process
every year until
reaching RMD age?
Answer
Q:
I’m 68 years old.
I would like to
start IRA
withdrawals. What
are the rules for
withdrawing before
my RMDs are
required at age
72?
Answer
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