Quote:
Originally Posted by Stu from NYC
If you have a ways to go to reach retirement age, I believe a better way is a basket of good no load mutual funds. Compare history with what an annuity is offering.
An old saying is annuities are never bought they are sold.
Also what does this have to do with RMD?
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To answer your question, Nothing. RMD is a requirement to pay deferred taxes. Another financial industry created by our lawmakers.