Quote:
Originally Posted by 784caroline
Either Dad did not need the money from his IRA or he really understood the principle of allowing your money to grow in a tax deferred environment for as long as you can. I think your dad knew what he was doing...and one of his reasons could have been you!
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That does sound like what dad may have been doing. Perhaps spending down personal savings (advised) which reduces federal and state tax liability, and letting the IRA grow until it's needed for income.