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.
Most people are eligible to convert their 401(k) to a Roth IRA; however, it is important to be aware of the potential tax implications. If you have money in a designated Roth 401(k), you can roll it directly into a Roth IRA without incurring any tax penalties.However, if the 401(k) funds are pre-tax, then converting to a Roth IRA will be a taxable event.f you have money in a designated Roth 401(k), you can roll it directly into a Roth IRA without incurring any tax penalties. However, if the 401(k) funds are pre-tax, then converting to a Roth IRA will be a taxable event.