Does a Roth Conversion Count as an RMD?
The Rules Around IRA Conversions and Required Minimum Distributions When retirement begins, investors face new tax obligations that can seem counterintuitive. A common point of confusion is whether a Roth IRA conversion can satisfy a required minimum distribution (RMD). The short answer is no. Converting IRA assets to Roth and an RMD are two separate events. The IRS requires you to take your RMD first as taxable income. Only then can you choose to convert additional assets into a Roth IRA. Still, how you sequence these steps matters. Coordinated carefully, they can influence how effectively wealth is preserved, taxed, and […]