Souschef
Thinks s/he gets paid by the post
I will not complain, as my IRA's have done very well. I will be 79 this month, and will have to take an RMD of 20K to 25K this year. This pushes me into the 25% bracket, along with making 85% of my SS taxable.
I am looking for any alternate methods to try to minimize the bite.
I looked at Roth conversions, but they can only be done after you take the RMD, so that is not an option.
Seriously I am very impressed with the depth of knowledge in this forum, and am looking forward to your words of wisdom.
Thank you
I am looking for any alternate methods to try to minimize the bite.
I looked at Roth conversions, but they can only be done after you take the RMD, so that is not an option.
Seriously I am very impressed with the depth of knowledge in this forum, and am looking forward to your words of wisdom.
Thank you