I saved a lot in tax deferred accounts because I expected to have a lower income in retirement. Not so! This year I have to take RMD and that will push me into IRMMA surcharge territory plus state and local income taxes. The only way out is Qualified Charitable Distributions. I'm wondering if doing one massive Roth conversion in one year would be a good idea?
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I saved a lot in tax deferred accounts because I expected to have a lower income in retirement. Not so! This year I have to take RMD and that will push me into IRMMA surcharge territory plus state and local income taxes. The only way out is Qualified Charitable Distributions. I'm wondering if doing one massive Roth conversion in one year would be a good idea?
Post: Tax Smart Retirement
Link to comment from March 7, 2026