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My parents have been retired for some time now and living comfortably on their pension. Each have a traditional IRA and must make RMD's. They have been depositing these funds in Vanguard Index 500 instead of using them as income. Should they continue to do this or desposit them into a Muni as to offset being taxed the second time? They are in the 28% tax bracket. Any ideas or suggestions would be greatly appreciated.
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