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Financial Planning / Tax Strategies


Subject:  Re: Move MRD Date to 4/15 Date:  2/28/2014  4:12 PM
Author:  Patzer Number:  120293 of 132811

I do wish I wasn't required to withdraw more than I need for expenses.

My dad had the same complaint. After I pointed out that the requirement to withdraw funds from the IRA and include them in taxable income wasn't a requirement to actually spend the funds, he stopped complaining.

These days, I take RMDs from the part of Dad's IRA that I inherited. They just get transferred to my taxable brokerage account, where they are invested like all other after-tax funds. Works for me.

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