No. of Recommendations: 4

"Last year I used my RMD to fund our roth IRAs, I planned to do that again."

Please keep in mind that this statement, if taken literally, is a violation of IRS regulations.

RMD's cannot be directly placed into other retirement accounts. They must go to a taxable account.

Once they are in the taxable account, the money, cash only, can be used as a contribution to a retirement account as long as the contribution is covered by actual income.

All holdings and some statistics on my profile page
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