FYI: It’s human nature to complain about constraints on our freedom mandated by Congress. Required Minimum Distributions – RMDs – are no exception.
But if you’re going to have a problem, the RMD has to rank as one of the best. For one thing, it means you’ve lived past your 70th birthday, which is a good thing. It also means you’ve lived past your 70th birthday without going broke, also a good thing. And, finally, if your RMD is so large that it changes your tax rate or pushes you into higher Medicare premiums, well, millions of retirees would happily trade their problems for yours. If you are one of the few with excess cash, no law says you must spend your RMDs. You can simply pay the taxes due and reinvest the remainder.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/the-rmd-is-not-the-worst-thing-that-can-happen-to-most-of-us
