lucky penny
Full time employment: Posting here.
- Joined
- Jan 23, 2010
- Messages
- 735
I've been planning to take my RMD next month from a tax-deferred IRA account (VTSAX) and transfer the amount (less withholding) to the same fund in an after-tax account. Is it better to do this before or after the fund pays capital gains distributions? I've been trying to figure out the pros & cons -- or is it basically a wash?
I know RMDs aren't required this year but about 50% of my assets are tax-deferred & I want to reduce that a bit. (Or is that silly? I won't be needing the funds anytime soon.)
I know RMDs aren't required this year but about 50% of my assets are tax-deferred & I want to reduce that a bit. (Or is that silly? I won't be needing the funds anytime soon.)
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