Is Converting $100k a Year to a Roth at 60 a Good Way to Avoid RMDs?

Required minimum distributions, or RMDs, are a problem for some retirees. If that’s your situation, a Roth conversion may be able to help. The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is an end to RMD concerns. Since you’ve already paid taxes on the money in a Roth account, the IRS does not require minimum withdrawals. The disadvantage is that you have to pay taxes up front, when you convert the funds. Depending on your tax situation, in t ...