Ask Terry Questions selling stock for RMD

selling stock for RMD

By Terry Savage on March 09, 2025 | Investments

i ‘m 73 yrs young i need to take distribution from my ira should i take it now since the market is down

Terry Says

The market isn’t down much — yet! If you need to take your RMD, I’d suggest at least having enough cash inside your IRA to take it in increments throughout the year. IF that means selling stocks now inside your IRA, yes do it! (I recommend two years of RMDs in cash inside your IRA.)

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