[TomW]

Assuming you were happily invested in the account prior to RMD, you can just create a regular brokerage account and reinvest the funds in the same assets. You lose only the tax advantage. If you don't want to invest in the same assets, you may want to review your tax advantaged investments.

[Shimpy]

Originally Posted by Laurie2

I like T, too.

25-Year Dividend Growers Stock List - Dividend.com[/url]

I also like Dividend.com, and use their recommended stock list. I've been with them for about 3 years now and have never had a bad investment.

[TNLAKEPANDA]

I say spend it and have fun. The old saying you can't take it with you. You can gift I believe $10k per year per person if you don't want to spend it. It is better to gift the money because it avoids lots of taxes on both ends.

[JGVillages]

Converted my IRA to a Roth IRA as I do not need the funds now. I am fortunate enough to have been able to pay the tax consequence due with non IRA funds so now the entire IRA (now ROTH) will accumulate tax free. There are no requirements to take annual withdrawls and if needed you can take as little or as much when you want. I was able to make up my conversion tax consequence in a little over 2 years. From now on it is tax free heaven!

[Laurie2]

Originally Posted by JGVillages

Converted my IRA to a Roth IRA as I do not need the funds now. I am fortunate enough to have been able to pay the tax consequence due with non IRA funds so now the entire IRA (now ROTH) will accumulate tax free. There are no requirements to take annual withdrawls and if needed you can take as little or as much when you want. I was able to make up my conversion tax consequence in a little over 2 years. From now on it is tax free heaven!

You bring up a really good point about being prepared with cash to pay taxes without dipping into your IRA investments.

The ins-and-outs (or should I say outs-and-ins) of doing an in-kind transfer of assets from a traditional IRA into a Roth IRA might be something worth learning about, especially for those who are longtime buy-and-hold investors within their traditional IRA's.

[billethkid]

we use ours to pay tax bills and annual insurance premiums which we have over the years managed all to come due the month after the distribution.

What ever is left is used to fund our bi annual cruise fixes!!!