8. Roll money over to a Roth
There is no RMD requirement for Roth IRA, so any money you have rolled over from a traditional IRA to a Roth avoids future RMDs. However, you will have to pay taxes on the rollover, and if you do it after age 70.5, you will have to take that year's RMD before rolling over the money.
9. Consider a QLAC
Money you invest in a deferred-income annuity known as a qualified longevity annuity contract and is removed from your RMD calculation. You can invest up to $130K from your IRA in a QLAC (or up to 25% of the balance in all of your traditional IRAs, whichever is less) at any age (most people do this in their fifties or sixties). You pick the age when you would like to start receiving annual lifetime income, usually in your seventies or later (no later than age 85).
10. Don't pay more in taxes than you have to
If all of your IRA contributions were made with pretax or tax-deductible money, your RMDs will be fully taxable. But if you made any non-deductible contributions, a portion of each withdrawal will be tax-free. Keep track of your tax basis on Form 8606 so you don't pay more in taxes than you owe.