My Mother in law gets Social Security and a small pension from a government job she had. She has a few IRA's that she has to take distributions from. We are not talking about a great deal of money in the IRA's. She also has a couple of small taxable investments that generate a small amount of taxable income. The last couple of years I have advised her to take the minimum amount of IRA distributions to let the investments continue to grow tax free. However her tax man has advised her to take more than the minimum amount of distributions from her IRA's. I think the main reason is that it would not increase her taxes much and be good for her heir's. However the money would then be invested in taxable accounts where it would generate taxable income. She may live a long time from now and need the money some day. Should she take the minimum distributions from her IRA or more than the minimum?
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