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Old 12-25-2008, 04:57 PM   #21
Thinks s/he gets paid by the post
Amethyst's Avatar
Join Date: Dec 2008
Posts: 4,564
I just re-read my post (what am I doing posting on Christmas, anyway? I guess I just need to escape to the puter now and then!) and realized I made a boo-boo. We don't actually sell stock mutual fund shares to pay the RMD, just money market shares. The "hit" is still there, though, since we pay the RMD based on last year's retirement-fund values, and most of those retirement "pots" are in mutual funds.

Some days you eat bear, some days the bear eats you.

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