In tax planning, would taking distributions prior to age 73 ( let’s say from 70 until RMD age) to minimize the tax and use the money (in the distribution) for uses for family and not only minimize the tax but also safeguard the individual in case they die ( and are not able to use their retirement funds)?
Also, if tax rates on distributions increases due to the state of the US economy, wouldn’t it be prudent to stake distributions before RMD are required to minimize tax laibility?
