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.
Take the amount of the expected RMD to your traditional IRA trustee. Confirm with them the amount you will be required based on current account values (there may be market fluctuations). Fill out the paperwork to do a partial conversion from your traditional IRA to a Roth IRA.f you reach age 70-1/2 with money in a traditional IRA, you will be required to take a minimum taxable distribution from your IRA regardless of whether you need the money. Since this money has never been taxed, Uncle Sam will now want his share.