THE NEW HOLISTIC RETIREMENT • 67
Summary: Total Tax Burden Analysis $700,000 IRA | 5% Pre-Tax Growth Rate
Keep Qualified Account
Convert to Roth
Taxes Paid on Conversion Taxes Paid on Roth Account Growth
Total Taxes Paid on RMDs
$ 186,485
$175,000
Taxes Paid on Growth of Reinvested RMDs Taxes Paid by Heirs on Remaining IRA Value at Death
$ 62,640
$0
Taxes Paid on Remaining Roth Account Value at Death
$ 166,338
$0
TOTAL TAXES PAID
$ 415,463
$175,000
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