As a ROTH IRA investor, or any IRA contributor for that matter, you should put heavy focus on your taxes before January (while you still have a chance to make a move!).  There are a couple crucial things you can do to lower your deductible expenses and lower your taxable income before the new year (if you qualify).

For starters, anyone over the age of 70 can make charitable contributions from their IRA of up to $100k to a recognized charity. This gift could count as your REQUIRED minimum distribution (and of course is tax free).

Second, if you have an adjustable income of $100k or less you should strongly consider converting your IRA into a ROTH IRA before January (especially if you are in or below the 15% tax bracket). The key to this conversion is to make sure you keep yourself within the same tax bracket, and of course, once you make this conversion your earnings grow tax-free and you are not required to make any distribution.

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