Required minimum distributions are not withdrawals. They are the IRS’s retirement plan.

So required minimum distributions aren't just withdrawals. They're actually a fantastic retirement income plan for the irs, if you want to look at it that way. Look, when Tom and Betty retired with about a million dollars in IRAs, they thought they were set. But once their RMDs kicked in almost 10 years later, they were forced to withdraw nearly $80,000 a year. That bumped their tax bracket, raised their Medicare premiums, and even taxed their Social Security. Their financial plan was sound until the IRS took control. So let me give you three quick tips. The RMDs force taxable income whether you need it or not. They trigger a domino effect, creating higher Medicare costs and Social Security taxation. And converting to a Roth puts you back in control. I've created a calculator. It's an RMD calculator that not only tells you what your RMDs are going to be, but we take it a step further. We've analyzed the game plans that we've created for 1, 200 of our clients and we've helped you to understand through the calculator what the potential tax advantages to you are by doing an accelerated conversion. Click the link below and be taken out to try the calculator yourself. I think the results are going to be alarming.