Felicia Posted August 15, 2005 Posted August 15, 2005 I recently read that the conversion rules changed for 2005. According to the article, individuals are no longer required to include RMDs when determining Modified Adjusted Gross Income. Where would I find the official IRS guidance on this?
Appleby Posted September 6, 2005 Posted September 6, 2005 See IRC 408A , IRS publication 590 at www.irs.gov, and/or the Final Roth IRA Regulations- Section 1.408A-3 Q&A6. Note that this ( excluding the RMD for the $100,000 MAGI) applies only to RMDs from IRAs, not RMDs from qualified plans and 403(b) accounts Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
BeckyMiller Posted September 21, 2005 Posted September 21, 2005 I agree that the regulations limit the RMD exclusions to RMDs of IRAs, but the statute refers to RMDs under IRC Section 401(a)(9), which would be all plans. What is the basis for the more restrictive language of the regulations?
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