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the IRA value as of 12/31 of the previous year. The closer to that date you take the withdrawal, the less likely there will be any major swings in market value of the IRA between calculation date and withdrawal date. If the IRA value collapses between the calculation date and the withdrawal date, you’d be forced to take out a larger percentage of the IRA’s value than you otherwise would have,

Indeed. This is the primary reason for taking it early.


I agree! I make my RMD withdrawal on the first business day after the New Year's Holiday. I don't have any taxes withheld from the distribution. It's transferred directly to my taxable investment account. Nor do I have taxes withheld from Social Security or pensions.

I prefer to calculate my annual AGI and make quarterly tax payments using the Electronic Federal Tax Payments System (EFTPS) and California's WebPay system. Both guarantee that your taxes will be paid in a timely manner.
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