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Old 09-17-2014, 11:01 AM
tcxr750 tcxr750 is offline
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Default Beware of the RMD?
I have been drawing on my IRA for about eight years along with other resources. One topic that I think is very important is the IRA vs. the Roth IRA. I just started the year of the RMD. I discovered that while I am satisfied with the dollar amounts I've been withdrawing for the past several years in the next few years I will have to take out larger dollar amounts whether I want to or not. The Required Minimum Distribution consequences seem to outweigh the small savings in taxes. Any thoughts on the RMD?