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Conversion of manditory distribution to a Roth


Guest Gahusker
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Guest Gahusker

Is it possible to convert the Manditory Distribution at 701/2 and after, from a regular IRA to the Roth after the taxes are paid. Example if the manditory distribution is say $15,000 pay the tax and roll this into a Roth, and do so for each year that follows.

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No. Required minimum distributions may not be rolled over (.). However, up to $2,000 may be contributed as an annual Roth IRA contribution provided the individual qualifies (and has W-2 or personal service income to support the contribution).

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