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Here's my story -- I was taking my beneficiary RMD every year in Jan. My financial advisor said, take it in December, your money will get to grow all year. Then I forgot. The IRS forgave me, but it was a pain in the butt. And now I'm back to taking it in January.

Well, Lisa in MA (or is it Lisa with an MA?)--can't you forget in January too? Sounds like you're in the fortunate position not to actually need that beneficiary RMD, which is at least one reason why taking it might slip your mind.

I posted earlier on the thread asking about this that I do a monthly, because the RMD provides the bulk of our living expenses. But it's also set up with the brokerage housing my IRA (Fidelity) so that it's automatic. They recalculate it at the end of the year and start the monthly distributions right up in mid=January. I've taken out some Qualified Charitable Distributions in January as well in recent years... and learned that it's a good practice to check their math when they adjust the RMDs for the remainder of the year. The first time I did it, they made a serious miscalculation that would have netted a lower than "Required" distribution.

So I rely on the automatic, but I verify {actually a very simple spreadsheet).

mathetes
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