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.
Should you wish to convert your Roth IRA back to a Traditional IRA, the process is known as recharacterization. The deadline to recharacterize Roth IRA conversion contributions to a Traditional IRA is generally October 15 if you file your federal income tax return (or file for an extension) on time.nyone can convert their eligible IRA assets to a Roth IRA regardless of income or marital status. Prior to 2010, only those account owners who had a modified adjusted gross income below $100,000 were eligible to convert. Despite its advantages, Roth may not be the preferred option for all investors.