scubamonkey
Recycles dryer sheets
Looks like future tax rates will be higher than they currently are now. I also don't like the idea of being at the mercy of the RMDs. So, my plan is to convert as much of my traditional IRAs to Roth as i can over the next several years.
I know this is a taxable event but I dont want to pay quarterly payments. Is it possible to pay a lump sum to the IRS for each conversion instead of the quarterly payments?
thx
I know this is a taxable event but I dont want to pay quarterly payments. Is it possible to pay a lump sum to the IRS for each conversion instead of the quarterly payments?
thx