Reply To: 2020 RMD

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#5479
wj
Participant

Thank you for the help. Have now done both a 60 day in-kind rollover and a conversion. Interestingly, one person at Fidelity asserted that the drop in value of the rollover stock would be reported as a distribution from the IRA (therefore taxable). Seems ridiculous, since if the stock had increased in value, would that have been reported as an IRA contribution?? But I have no longer have any earned income, and cannot contribute to an IRA.