Hi,
I've got an IIRA with about 350k. Most of it is
in very broad stock indexes, domestic and international.
The current RMD is about 12K. I was wondering if directing
all the accruals from the mutual funds/stocks to go to the cash
sweep account, would be better than selling shares
each year to supply the RMD. Or would
there be any difference? I guess how the market
does would be the dividing line, but I'm not sure
about this one.
Thanks,
Mike
I've got an IIRA with about 350k. Most of it is
in very broad stock indexes, domestic and international.
The current RMD is about 12K. I was wondering if directing
all the accruals from the mutual funds/stocks to go to the cash
sweep account, would be better than selling shares
each year to supply the RMD. Or would
there be any difference? I guess how the market
does would be the dividing line, but I'm not sure
about this one.
Thanks,
Mike