No. of Recommendations: 1
That is a concern. We have a bit of Roth, but mostly regular IRAs. Plus an inherited IRA from 1poormom (she died this year). That latter one has RMDs already. In 10 years, the others will start having RMDs. That will increase income, obviously. And SS is going to start within 10 years.
Seems there really no way to avoid it. It's gonna get taxed. I'm thinking I should start drawing those down BEFORE I reach 65, so they won't factor into IRMAA, at least. Minimize the eventual RMDs. We retired over a year ago, so I can either get money from my retirement accounts, or from my brokerage. The cap gains from the brokerage aren't taxed as long as we keep our ordinary income below about $94K (married, filing joint).
