THE ROAD LESS TAXED • 91
Keep His IRA
IRA Value: $500,000 Assumed Tax Liability: 20% current, rising 30% in year 8 | 25% at death Pre-Tax Growth Rate: 5% IRMAA annual increase 7.1% Receive RMDs from ages 75 to 95, per IRS rules 49 Total Taxes & IRMAA Paid on RMDs $685,000 Taxes Paid by Heirs on Remaining IRA Value at Death (Age 95) $215,000 Total Taxes & IRMAA Paid $900,000 Example shown for illustrative purposes only and is not guaranteed. Actual results may vary. IRMIfARAyraantecso,nhveerret’esdhihsisbiflul:nds to a Roth IRA, at current tax and
Convert to a Roth IRA Total Taxes & IRMAA Paid on Conversion
$132,000
Taxes Paid by Heirs on Remaining IRA Value at Death (Age 90)
$9,000
Total Taxes & IRMAA Paid $141,000 Example shown for illustrative purposes only and is not guaranteed. Actual results may vary. 49 m tir u R e mm M - e D d n s is t c - t p a ri l l b a cu u n l t s a i / o t p e n l d s a - n a r - c m p c a o d r r s t d i icni pg atno t I- Re mS gpul oi dy ee lei /nreest, i ar ev ma i leanbtl-et oopni lci sn-er eaqt ui ri sr e. gdo-vm/ irne i--
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