pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I wasn't aware that they allowed partial withdrawals... would have saved me some bookeeping.
I wasn't aware that they allowed partial withdrawals... would have saved me some bookeeping.
What about parking what you need for the next 5 years in a low interest bearing account (admittedly inefficient but the subsidies make up for it) and the rest in some low or no dividend equity funds or ETFs or low/no dividend equities like Berkshire?
Then if needed, rebalance through your tax-deferred and tax-free accounts.
How much is the ACA benefit? IOW, is it really worth restructuring your taxable money as you are considering doing for the ACA benefit?
Have non qualified cash that currently generates $40k in interest from CDs (Taxable).
What other choices do I have?
What about muni-bonds or muni-bond fund? That’s non-taxable income (currently @ ~2.5% return). Keep it for 5 yrs, then adjust if necessary. Plus, you maintain control & liquidity, which most folks value quite a bit.
Muni bonds don't work... it is one of the add backs for ACA.
http://laborcenter.berkeley.edu/pdf/2013/MAGI_summary13.pdf