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Taking $ out of Mutual Funds?
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PRNDL
Posted 1/28/2019 13:49 (#7279105 - in reply to #7279066)
Subject: RE: Taking $ out of Mutual Funds?


Texas & western Iowa

Dan Loehr - 1/28/2019 13:31

Thanks to all
I pretty well knew what I should be doing
BUT this decision has been much harder than selling grain
Haven't did anything but buy stocks and Mutual Funds
FWIW this will be my first sale -of mutual funds-
Guess I need to look at my IRA money mutual funds and move some of it to less aggressive areas
At 65 not that far from forced taking of IRA money

Appreciate NAT help --try to help when I can
Dan

One thing I wish I'd done at 65 was some Roth conversions with that IRA money. Of course that is subjective to a persons personal tax situation. The idea is to help avoid the so called 'tax torpedo' when you hit RMD's.


https://www.onefpa.org/journal/Pages/JUL18-Understanding-the-Tax-Tor...
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