Message Font: Serif | Sans-Serif
No. of Recommendations: 1
SHOCK! Had tax appointment today. Have turned 71. Must start taking distributions from IRA's. Don't need that much money at this time. Also inherited some bonds - don't know what to do with that monthly income either, except leaving it with brokerage at 3% is not good. Am studying The Bond Book as recommended - GNMA and FNMA are a nightmare I can hopefully deal with later. I don't want to roll over these annuities where they are - if at all? Would love to hear from somebody who has been there, done that. What to do?

Print the post  


Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.