dodboo
New Member

RMD

I need to take my first RMD by end of year. My problem is sole stock I have on my IRA has gone down from $25 to $1.50. I have a substantial paper loss and I don’t want to sell any stock to pay my RMD. Should I just pay the penalty to avoid selling any of this stock?  I hope it will one day recover but if I sell shares I lose the upside.