Ask Terry Questions Required minimum distribution timing

Required minimum distribution timing

By Terry Savage on February 05, 2023 | Financial Planning / Retirement

I have to take a required minimum distribution and was wondering if I should take it now or wait. Thank you for your advice.

Terry Says

If the money is in cash inside your IRA, it doesn’t really matter WHEN you take it. But if it’s invested, then you are really asking WHEN you should sell your stocks to withdraw the RMD, which is always taken in cash! And I can’t give you the answer to that!
Maybe it will help emotionally to split the RMD — half now, half later in the year. Just be sure to ask your custodian to withhold taxes from the distribution.



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