kb22
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Yes but closing this one and paying tax will more than cover the other IRAs.
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Will closing the IRA CD out this month and paying tax this April cover her first RMD requirement?
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Thanks. So next year we will have covered first RMD and can pay RMD with 2017 tax return?
Activity Feed for kb22
- Posted Yes but closing this one and paying tax will more than co... on Retirement tax questions. May 31, 2019 6:27 PM
- Posted Will closing the IRA CD out this month and paying tax thi... on Retirement tax questions. May 31, 2019 6:27 PM
- Posted Thanks. So next year we will have covered first RMD and c... on Retirement tax questions. May 31, 2019 6:26 PM
- Posted My wife turns 70.5 Feb 2017. Can we cash out on a traditional IRA this January and pay the first RMD by simply paying the tax due on this IRA account closure this April. on Retirement tax questions. May 31, 2019 6:26 PM