Ask Terry Questions mandatory withdrawal of IRA account

mandatory withdrawal of IRA account

By Terry Savage on June 08, 2020 | Financial Planning / Retirement

At this time I do not need the money but I am told I have an option not to withdraw my IRA distribution for this year. Should I leave it in the account with the stock and minimal risk investments?

Terry Says

Sure, let it grow. It’s tax-deferred, and hopefully by the time you need to withdraw it will be worth more!!



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