AmitaR
Employee Tax & Finance Expert

[Event] Ask the Experts: Navigating Retirement Taxes

 

Rolling over part of an IRA to a Roth IRA does not count for RMD.  You must take your RMD first from your traditional IRA before you can convert funds to a Roth IRA.  Converting to a Roth IRA eliminates future RMD's for the converted amount, because a Roth IRA does not have an RMD requirement for the original owner.  Keep in mind that any funds you're converting to Roth are taxed in the year of conversion. 

For more info:

Retirement plans FAQs regarding IRAs

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