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Re: [TSP_Strategy] Re: Move 401k To Roth IRA

 

Actually your heirs do have RMDs for an inherited Roth IRA.


On Tue, Feb 27, 2018 at 8:07 AM gmbetz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
 

I did over 3-4 years so as not to go into the next tax bracket.  Still it cost me close to $200K for which I took out a mortgage. But I'm making more money in my Roth than I pay in mortgage interest payments which have the added bonus of being tax deductible.    I'm retired and don't need the money.  Don't have to worry about RMDs because there are none.  When my kids inherit they no taxes nor do they have RMDs.

Still paying those taxes was no fun.  However it was pay now or pay later when I would be forced to take RMDs.

Put some thought into it.  Everyone's situation is a little different.

--
-- Cindy King

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Posted by: Cindy King <cindy.kingde@gmail.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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