Skip to Content

What's Hot In Retirement Plans

Must have for financial and tax professionals:IRA...

Must have for financial and tax professionals:...

Calculators, forums, articles and more on 72(t) and 72(q) /SEPP Plans. Includes RMD Calculators...


Retirement Dictionary-IRA News & Tips Best Source

Sign up for our FREE newsletter


You Asked Us... and We Answered

  • I think found a way to avoid taking RMDs. Can you tell me if it could work? Let’s say I take a distribution in December, and leave only $10 in my traditional IRA. This means that when my custodian calculates my RMD amount, it will be $0.00 (rounding to the nearest dollar) since my December 31 fair market value (FMV) will be $10. Given that I have 60-days to rollover the amount, I can complete the rollover in January, bringing back my balance to what I had before I took the distribution. I think I can do this every year and always avoid the RMD.

  •  Can I contribute $4,000 to my Traditional IRA and an additional $4,000 to my Roth IRA?