In other words, the precision of an experiment, object, or value is a measure of the reliability and consistency. The accuracy of an experiment, object, or value is a measurement of how closely results agree with the true or accepted value.
Thanks â W.C. A. None of the Required Minimum Distribution can be converted or otherwise deposited into a Roth IRA. Only amounts in excess of your RMD can be converted to a Roth IRA. I can't tell from your question what your RMD is exactly but I will assume for this discussion that it is the $12,000 you mention.Say that if you weren't subject to an RMD, you would want to convert $20,000 to a Roth IRA.Since your RMD is $12,000, you must distribute $12,000 to yourself but can still convert another $8,000 to a Roth IRA. can't tell from your question what your RMD is exactly but I will assume for this discussion that it is the $12,000 you mention. Say that if you weren't subject to an RMD, you would want to convert $20,000 to a Roth IRA.
If you want, assets that you recharacterize to a traditional IRA can be reconverted to a Roth IRA in the next tax year after the tax year you initially convert, or 30 days after the recharacterization, whichever is later.f you were to convert the entire balance to a Roth IRA, youâd want to satisfy the MRD first. If you didnât, the $7,000 MRD amount would be considered a contribution to the Roth IRA, not a conversion. In this example, youâd effectively be making a $93,000 conversion and a $7,000 Roth IRA contribution.