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(27,785 posts)

13. Excellent point.

Sat Jan 18, 2020, 07:47 AM

Jan 2020

While it is nice to leave something to our heirs, we are not obligated to do so. And we certainly want to take care of ourselves first.

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New Req'd Minimum Distr RMD from IRA age is 72 years old, not 70 and a half. [View all] JustABozoOnThisBus Jan 2020 OP

Appreciated. I need to finally meet with a local branch. sprinkleeninow Jan 2020 #1

"in person" you'll get whatever that person knows. JustABozoOnThisBus Jan 2020 #5

Yeah, if you inherit a 401k or IRA, the rules are complicated, ... JustABozoOnThisBus Jan 2020 #11

Thank you for good thoughts. The typos took months to correct. sprinkleeninow Jan 2020 #12

Thanks for posting this. I've been wondering about it. n/t Tess49 Jan 2020 #2

If you turned 70.5 in 2019, you had to take a RMD in 2019, JustABozoOnThisBus Jan 2020 #4

............. still_one Jan 2020 #6

I started withdrawing at 65. The point of the IRA doc03 Jan 2020 #7

Well, I agree. ret5hd Jan 2020 #8

If you wind up needing a nursing home, marybourg Jan 2020 #9

Excellent point. PoindexterOglethorpe Jan 2020 #13