If you are diagnosed with hypersomnia, your doctor can prescribe various drugs to treat it, including stimulants, antidepressants, as well as several newer medications (for example, Provigil and Xyrem).
You may have your 2015 RMD made payable directly to the charity (provided it meets the IRS definition of a qualified charity), and then designate it as a qualified charitable distribution on your tax return. You'll have satisfied your distribution requirement, and you won't have to pay income taxes on that money.
The RMD funds withdrawn, though, can be used to contribute to a Roth IRA if the IRA owner qualifies to make a Roth IRA contribution. But that contribution is limited to $6,000. The RMD can also be used as a source to help pay the tax on the conversion of the remainder of the IRA account(s).Starting in 2010, any non-spouse beneficiary who inherits a qualified plan is eligible to convert that plan to an inherited Roth IRA, and the plan must allow this transfer.he RMD can also be used as a source to help pay the tax on the conversion of the remainder of the IRA account(s). Starting in 2010, any non-spouse beneficiary who inherits a qualified plan is eligible to convert that plan to an inherited Roth IRA, and the plan must allow this transfer.