Nowwhat
New Member

Retirement tax questions

Thank you for your advise.

So, I understand that 2024 RMD passed, but are you saying I do not have to worry about taking an RMD for 2025?  Would you suggest that I go ahead and transfer $8000 from my checking to my Roth account today?  I know it wont fix everything, but will it help some with the penalty I am facing at tax time?

Thank you,