If you’re looking for a tax-savvy way to deal with you required minimum distributions (RMDs), converting them into a Roth IRA isn’t an option. A financial advisor can help you plan for RMDs and figure out if a Roth conversion is right for you. It's relatively common for retirees to need a plan for their […] The post I Was Planning on Taking My RMDs and Converting Them to a Roth, But Was Told I Can’t. Is That True? appeared first on SmartReads by SmartAsset.
We're running out of time to finish making IRA contributions in 2023. If you haven't maxed out your IRA yet, read on to see why you shouldn't sweat it.