Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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When Should I Take My IRA RMD?
Morningstar June 14, 2015
"Getting money out of that account earlier rather than later allows the net proceeds to be reinvested sooner in long-term gain-producing investments that will get a stepped-up basis at death ... The retiree who takes the RMD late in the year is seeking some or all of the following advantages: The gross income generated by the distribution is not taxable until as late as possible.... The longer the RMD stays in the IRA, the more tax-deferred income it can generate.... You have a better chance of getting in on any tax rule changes that occur late in the year."
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