cmsmith_2006
Returning Member

Retirement tax questions

correct @macuser_22 .  It is almost $11k.  Currently there are other IRAs to draw from, but if this continues for another 7 years or so, there won't be enough liquid IRA assets to meet the stated RMD amount.

I've considered a Roth conversion of the contract, but the custodian is producing the same FMV for the taxable nature of the conversion.