Reinvesting your RMD if not needed.
Best way / place to invest RMD? Is a Roth possible?
Terry Says
Lucky you that you don’t need to use your RMD for living expenses. If you are still working, and have EARNED INCOME (salary, commissions, fees, etc) then you can put up to $8,000 into a Roth IRA. It’s not deductible.
If you don’t have earned income and don’t need to spend it, just put it in a money market deposit account.
