Since I will be 73 in 2023, what portion of my Roth IRA must I pay tax on?
How can I calculate how much I must pull from my Roth IRA and pay on my 2023 taxes?
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1 Best answer
VolvoGirl
Level 15
Feb 26, 2024 11:41:07 AM
You don't have to take a RMD Required Minimum Distribution from a ROTH IRA . And ROTH distributions are tax free if you had the account 5 years. That's the benefit of a ROTH.
You don't have to take a RMD Required Minimum Distribution from a ROTH IRA . And ROTH distributions are tax free if you had the account 5 years. That's the benefit of a ROTH.