No. of Recommendations: 0

<<<...the "Stretch" is the exception, and it requires commencing the RMDs by the end of the first year after the year of death. What percentgage actually do so?>>>

"Out of us six siblings, only two took the inherited IRA. Of course, we were also the youngest and made the most money, so that was a huge plus for us. I would think that it would be tough to assign general significance on percentages, . . . ."

Not with respect to the question about changing the rules to increase federal revenue. If a large percentage of non-spousal beneficiareis are not using the "stretch" then abolishing the "stretch" would not raise that much more federal revenue.

Said another way, if only a small percentgage of most non-spousal beneficiaries are stretching withdrawals past five years per the "stretch" rule, how much more revenue would abolishing the "atretch" rule acutually raise?

Regards, JAFO
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.