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Minimum Required Distributions
So I am 70 and have a small ira and am now on a fixed income (retirement Pension)
would it be a good idea to start removing the capital now as it is in a CD and not making much taking smaller amounts will not put me in a Higher tax bracket
My thought is to just start taking it and pay the taxes now so when the Government starts looking at me i will have it all gone by then
‎October 30, 2024
10:04 AM