Yes. The source of the funds in the IRA is irrelevant (provide the funds withdrawn are taxable when withdrawn). Generally, the Tax Code makes no distinction between principle and income, except as to its taxability; hence, monthly interest distributions will count as part of your minimum required distribution.
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<