Retirement Planning Checklist

• If older than 70.5, make Qualified IRA Charitable Distributions
• Utilize RMDs to pay quarterly estimates
• Transfer IRA portion to qualified longevity annuity
• Waive 60 day rollover penalty through broker statement
• Utilize Roth IRA for aggressive investments
• Utilize backdoor Roth for higher income Americans
• Utilize stock distribution tool of RMD
• Make IRA contributions late in life
• Utilize saver’s credit
• Utilize refund to fund IRA deposit
• Utilize working spouse’s income to make IRA contribution for non-working spouse
• Fund Roth with Social Security
• Fund a Roth for children and grandchildren to start five year holding period
• Utilize double back door Roth for 401Ks with post tax money
• Convert IRA to Roth
• Convert 401K to Roth
• Accelerate IRA withdrawals
• Make IRA contribution when just above bracket change
• Remember 10% early withdrawal exceptions
• Utilize 60-day rollover rule for short-term cash needs