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Thread: A tell all book about the dark side of the personal finance industry
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Old 09-26-2023, 02:27 AM
Caymus Caymus is offline
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Originally Posted by Robbb View Post
How? Annuities are taxed as ordinary income, capital gains and dividends are taxed at a much lower rate, between 0 and 20%. So how would an annuity be beneficial when you reach RMD. In fact what does RMD have to do with it at all??
I am considering the pros/cons of a qualified fixed immediate annuity when (or if) I reach RMD age.

This article from 2017 indicates that it covers the RMD for that portion of the IRA. As I age, I will want more $ in guaranteed income and less in equities.

RMD Tips: When Your IRA Holds an Annuity | Kiplinger