Taxes and Roth Recharacterizations

March 12, 2016

Taxes and Roth Recharacterizations

Jim and Chris discuss what you can do to minimize the impact on your taxes if you converted an IRA to a Roth IRA and then the Roth dropped in value. They also discuss some potentially no-so-great financial advice that Chris heard on another radio show involving paying down debt and Thrift Savings Plan accounts. And… Jim and Chris answer a question from a caller regrading how much money you have to take out from an IRA as a Required Minimum Distribution.

Podcast: Play in new window | Download (Duration: 1:43:26 — 47.4MB)

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