Can the annual MRDs (minimum required distributions) from pre-tax retirement funds (IRAs and 401Ks) that are mandatory starting at age 70 and 1/2 be rolled into a Roth IRA account? I realize that taxes would apply to the MRDs as...
Question: I have read that we will not have to withdraw from our IRA's this year as in years past. Is there any downside to not withrawing this year? Can you withdraw less then what would normally be required? Thank...
I am weighing taking money out of my tax deferred accounts prior to being 70 1/2 (up to the unused level of my tax bracket dollars) so I will not enter another tax bracket when I do so. That is...
Question: I listen to the people each Saturday and Sunday to the radio talk shows about financial advice. Recently one of the advisors made a statement about the RMD from a IRA. He told his listeners that a person could...
Question: My wife and I are seniors, 71 years old and have to take the mandatory RMD this year except we really don't need the money. Since we have to sell shares that have tanked, would we be better off...
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