Doing my first RMD.
I didn’t realize Schwab would break up a bond. I assumed I would have to cash out the entire for example 40,000 bond to get the 17,500. It has to be in 1000 dollar increments though.
I have multiple agency bonds paying 5 to 6 pct with call dates ranging from 6 months to 1,2 and 3 years.
My RMD is about 17,500.
Any advice on the best choice?
Highest or lowest interest?
Shortest or longest call date?
Thanks
I didn’t realize Schwab would break up a bond. I assumed I would have to cash out the entire for example 40,000 bond to get the 17,500. It has to be in 1000 dollar increments though.
I have multiple agency bonds paying 5 to 6 pct with call dates ranging from 6 months to 1,2 and 3 years.
My RMD is about 17,500.
Any advice on the best choice?
Highest or lowest interest?
Shortest or longest call date?
Thanks
Statistics: Posted by hoops777 — Wed Jan 01, 2025 1:44 pm — Replies 0 — Views 18