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Financial Planning / Tax Strategies


Subject:  Re: Taxes & RMD's Date:  6/29/2012  11:44 PM
Author:  bookie71 Number:  116364 of 127641

I have never understood RMD-induced panic. Higher account values mean higher RMD's. Just like any other kind of income, more RMD income means more income tax.
I believe it is a "savers" thing, everyone thinks they have to spend the RMD, they don't, they can put it in a after tax saving account. When I first started running into this, I thought it was a depression era thing, but most who have large pensions or IRAs seem to have the same panic.
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