 Quote:
I'm no expert, I still trying to figure out the dryer sheets.
I want to think that the perfect storm involves delaying SS to no later than 70, using up all your tax deferred money until you take SS, then using Roth money with SS money for the rest of life. This would remove the tax torpedo and RMD. The trick would be to convert the correct amount from tax deferred to Roth along the way. If you overconverted, you could start SS early, if you under converted, you might have a few years of issues.
Is this at all practical?
Thanks,
Mark
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Makes a heck of a lot of sense for many. Although, since you would have no AGI at all under current tax rules after 70, you could keep some of your IRA income for "post-70" to use up the deductions and exemptions..But you have to be careful with that as the IRA could force the taxation of SS down the road since those thresholds are not indexed for inflation and SS is (and your IRA income might be too).
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