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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, 07:26 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by Caymus View Post
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
My question is why would you even want an annuity in your portfolio. Do not like the idea of losing control of our funds. Look at surrender charges if you need money early.