ThomasM125
Expert Alumni

Retirement tax questions

Assuming you are able to take distributions from the IRA without penalty, based on having the funds in the account for five years and you are old enough to take normal distributions, I don't see a downside to taking out more than what you are required to. The additional distributions won't be taxed or subject to a penalty.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"