8 Comments

1. 

   Kathy Miller on July 31, 2022 at 5:09 pm

   How much can I convert to a Roth account each year? I'm 56yrs old and am considering doing this.

2. 

   Jonathan Rosen, Esq on July 31, 2022 at 5:09 pm

   Thanks Hans, great info and appreciate you citing your source from Ed Slott the expert.

3. 

   Daniel Przybyl on July 31, 2022 at 5:09 pm

   We called John when my wife inherited an IRA and other assets. So glad we did!

4. 

   Ric Ric on July 31, 2022 at 5:09 pm

   Thanks…how can SS reduce my payment by 30% because I have a teacher's retirement?? They say Windfall….I earned that SS money..

5. 

   Jim F on July 31, 2022 at 5:09 pm

   I have always viewed traditional IRAs and (non-Roth) 401K accounts as the same. I know the beneficiaries of traditional IRAs have some choices as to when they get money/create taxable income, but what about beneficiaries of a traditional 401K? Does the account get liquidated immediately upon the account owner's passing (huge taxable event)?

6. 

   David Eberhart on July 31, 2022 at 5:09 pm

   Another great lesson John. Thank you.

7. 

   MarkR on July 31, 2022 at 5:09 pm

   Are similar rules in place for 401K accounts? Is the RMD in years 1-9 based on the decedent's age or the inheritors?

8. 

   Mark DiMaggio on July 31, 2022 at 5:09 pm

   Always learning from your talks, thankyou.