the following year your RMD will be lower due to the market decline...so maybe between the two years your RMD's will even out if the tax bracket stays the same for you
you're going to have to take the RMD...what you do with the money once Uncle Sam get's his cut is up to you
the comment about the charity might be a way to dodge the tax...but I'd check with your tax advisor to make sure that applies even if you do or don't itemize...the tax rules seem to change from year to year...
|