Inbox Question | Using IRA Withdrawals to Fund Daughter's Roth
Big Picture Retirement®
Devin Carroll
4.7 • 545 Ratings
🗓️ 16 October 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
John asks if taking larger IRA withdrawals beyond his RMD to fund his daughter's Roth IRA makes sense as a strategy to reduce future RMDs, lower estate taxes, and pass on tax-free assets.
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Transcript
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| 0:00.0 | Welcome to the Big Picture Retirement Show. |
| 0:07.6 | Today, we're going to the inbox to answer questions sent in by you, our listeners. |
| 0:12.3 | Now, if you'd like to send us a question, just head over to big pictureretirement.com and click the Ask a Question tab in the top menu. |
| 0:18.9 | Oh, and just a quick reminder. |
| 0:19.9 | On this podcast, we provide |
| 0:22.0 | general information and not specific tax, legal, or financial advice. But if you're ever ready |
| 0:28.3 | to move from the broad education we provide here to personalized advice that's specific to you, |
| 0:34.7 | you can find links to our websites down in the description. Now let's jump in |
| 0:39.1 | to today's question. John, today's question comes from John. But not me. No, not you. He says |
| 0:50.9 | that he's been funding, and I'm going to try to summarize some of this, because it's a bit of a long question. |
| 0:55.7 | I've been funding a Roth IRA for my daughter since she began working for wages. He's been using a taxable account to do this. |
| 1:02.3 | All right? So every year he's taking money out of his taxable account, and he is putting money into this Roth IRA for his daughter. |
| 1:08.5 | That's a very generous thing. Something I've been thinking about. |
| 1:11.9 | I've done it. So now, though, John is beyond the RMD age. So he's now having to take required |
| 1:19.7 | minimum distributions from his IRA. And his question is, wait a minute, instead of taking this |
| 1:25.6 | from my taxable account, should I just take an increased |
| 1:28.3 | distribution from my IRA, you know, above and beyond the R&D? Pull an extra $7 grand out or whatever. |
| 1:34.3 | Yeah. And then that would be the contribution instead of coming from a taxable account. His rationale |
| 1:40.6 | here that he presents is, you know, hey, this would decrease the balance of my IRA, |
| 1:45.5 | which should reduce my future RMDs, and for him, the eventual estate tax in his state. |
| 1:53.8 | Right, which is Massachusetts. |
| 1:55.6 | Yes, which is not cheap. |
... |
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