Greetings, Dan B., and welcome. You asked:<<Way back in post 7545 someone asked about an IRA withdrawal which raises a question in my mind. Specifically what I want to do is transfer about $12,000 in stock from an IRA account to a non tax deferred account. I am over 60 so there is not a problem of penalties and I do know that I will have to pay tax on the amount I transfer.My question is does that force me into the situation where I then have to draw at least that much out of my IRA each year until I reach the age of 70 and 1/2 when I would be required to recalculate what my annual withdrawal must be based on the IRS rules that apply at that time.>>No, it does not. Between the ages of 59 1/2 and 70 1/2 you may draw as much or as little as you desire from your traditional IRAs. After age 70 1/2 you may still withdraw as much as you desire, but you must withdraw at least as much as the minimum required distribution (MRD) amount or face the applicable 50% penalty on that portion of the MRD you fail to take each year.In your example, you transfer your shares to a taxable account at age 60. They have a market value of $12K on transfer, so you pay income taxes on $12K of income that year. You don't have to take any other distribution from your IRA again until you reach age 70 1/2.Regards..Pixy
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