rmd re=invest
Must take significant RMDs from S&P 500 fund. Hate to do so since these are lower now. Does it make sense to put that money into a similar fund (also lower now) in a non-retirement fund. Is there a problem or pitfall I have not thought of? Thank you.
Terry Says
No problem with that strategy. BUT make sure your custodian withholds taxes on the withdrawal, so you don’t have to come up with cash to pay the bill next April!
