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I decide when to take the RMD based on several factors.

If I don't have specific plans for the money, I'll pull it out early, have taxes withheld and contribute the maximum to my Roth IRA for the previous year. I still have earned income so can contribute to a Roth IRA. Contributions to a traditional IRA are not allowed after age 70 1/2.

If I have specific plans for the money, I'll pull it out when the event happens. Last year it was a new roof and deck. This year it is interior painting and maybe some landscaping. Next year I think it might be some international travel.

Otherwise I take it out in November when the property taxes are due.

I just talked to my money guy yesterday as he thinks I should rebalance my account and we decided that I should take it now as my account has done well since the first of the year and he thinks a correction in the markets is due.
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