There is no advantage then to do this?The advantage is no transaction costs on the buy and sell for those that want to remain invested.It's actually easier (no paperwork) to sell the appropriate RMD amount of a security, transfer the cash to the non-retirement brokerage account, and then buy back the stock.Fees and changes in price between the buy and the sell might leave you feeling differently.There is one downside though, and that is the need to pay the taxes out of cash instead of the in-kind proceeds.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra