I will need to start taking RMD this year. The amount is around $67,000. I don’t need the money for bills. I’m just curious how you decided to take your RMD’s. Did you take them monthly, quarterly, all at beginning of year or end of year. What guided this decision? Did you reinvest the money in similar accounts you had in IRA or put it in money market. Did you have taxes taken out at time of withdrawal or do it at end of year? Any tips are greatly appreciated. Can you recommend any articles or books strictly about managing RMD’s. So many retirement articles don’t even mention RMD’s with options on how to take them. I’m with Fidelity, but do not pay for an advisor.
Statistics: Posted by Luckygirl — Thu Jan 02, 2025 1:25 pm — Replies 2 — Views 100