DSInvestor wrote:Are you currently adding to your taxable accounts? You can reduce your contributions to taxable and fully fund the IRAs instead.
If you're withdrawing from the Inherited IRA, you could direct some of that money into your IRAs as well. If you don't need that money to meet expenses, why not fill up your annual tax advantaged contribution space?
Again - great suggestions - thank you!
Unfortunately no, not adding to taxable since the kids hit college age and we now have two in college at the same time for the next two years.
We take a relatively small RMD from the inherited IRA, but it get snarfed up towards college costs.
But the taxable account dividends (currently reinvested in taxable) would come close to funding one Roth, and maybe we can scrape up enough for the other one.