He Spent His 60s Quietly Moving His IRA Into a Roth. At 73, When the IRS Showed Up to Dictate His Withdrawals, There Was Nothing Left to Tax
· finance.yahoo.com
Between retirement and the birthday the IRS circled on your calendar, there sits a narrow window that lets you quietly drain the account the government was planning to raid on its own schedule. Most retirees never touch it.
Quick Read
Converting a traditional IRA to a Roth during your 60s eliminates RMDs at 73, letting you control withdrawals instead of the IRS.
The 12% bracket t...