Count ROTH conversion as part of RMD
If I don’t need all of my IRA RMD to live on can I use an IRA to ROTH conversion to count as part of my RMD?
If I don’t need all of my IRA RMD to live on can I use an IRA to ROTH conversion to count as part of my RMD?
Permalink Submitted by Alan - IRA critic on Mon, 2014-03-03 00:25
No portion of your RMD can be converted because an RMD is not eligible for rollover. Further, since the first distributions in an RMD year are deemed to apply to the RMD, the RMD must be fully distributed before any additional amounts are converted.