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Greetings, MeatheadFool, and welcome.

<<Please render advice.guidance and opinions. My Mother's CD will end in Jan.'99.She is 84 and has been receiving required distributions. The value is 50,000+.My questions are many and probably many I haven't thought of. She has been receiving 9% for the life of the CD.(10 yrs) Take it out at once and spread the tax for 4 yrs? Take 1/2 '98 and 1/2 '99 and pay taxes two yrs? Put the money in a Roth, or traditional IRA or dispurse it? Or any advice better than these? >>

You don't tell us much here, but you imply the CD is currently in a traditional IRA from which your mother has been taking minimum required distributions since age 70 ½. If so, after she takes the one for this year, she may convert what's left to a Roth IRA assuming she meets the AGI limitation. The only advantage I see to that is if she can afford the taxes and doesn't need the money, then she no longer has to take MRD. Then, if she lives for five years, all proceeds and earnings can pass to her heirs tax free. Otherwise, as long as she's satisfied with the CD, I for one see no reason for her to move the money.


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