Thrift Savings Plan Conversions Discussed
A caller discussed converting traditional IRA money to a Roth IRA to avoid Required Minimum Distributions (RMDs). The caller noted that Roth money is not subject to RMDs and can be withdrawn at the owner's discretion.
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Sources · 7 independent
Talk Radio 1210 WPHT
“the money that you convert into a Roth is not subject to RMD withdrawals later. That's right. That's one of the big reasons.”
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