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My preference is to never have to touch my tax-defferred accounts..or as little as possible, and pass that on to others.

Unless you're planning on dying before Dec 31, 2019, given the SECURE Act bill that is wending it's way through Congress (with a pretty impressive 417-3 win in the House, and the Senate indicating that they will pass the House version), you might want to rethink the strategy of passing your tax-deferred accounts on when you die. With the exception of beneficiaries who are spouses or minor children, all inherited retirement accounts will need to be completely distributed within 10 years of the original owners death. See this thread https://boards.fool.com/first-rmd-to-move-up-to-age-72-34214...

That means, if one of your kids who happens to be in their prime earning years inherits $1MM in a tax deferred account from you, they will need to increase their income by $100k/year (on average, with no growth) for the 10 years after your death. Adding that much income each year would potentially bump them into a much higher tax bracket, probably higher than the one you would be bumped into if you took the RMDs.

AJ
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