Thanks for your help. Thanks for timely advice on IRMAA as I am 62. I'm working on a 10-year plan. Historically, my strategy focused on tax deferral. Today, I'm "blessed" with limited income so I'm shifting strategies to minimize long-term taxes. The inherited IRA withdrawal is a mandate with 8 years remaining for me. As of today, I still enjoy flexibility on how/when I realize that income. But any potential changes in the RMD rules are important to me. The other major consideration driving my plan is Roth conversion. Again, there is a lot of noise around the IRS changing rules on conversion. If those rules are going to change, I don't want to miss the window of opportunity for conversion (or partial conversion). If the IRS is waiving penalties for inherited IRA RMDs for 2022 I'm considering skipping that for 2022 and just realizing income from a partial Roth conversion. Obviously, I'm trying to balance both streams to remain in a lower tax bracket. Thanks for all of your help.
