Print Page - IRA Withdrawals

Title: IRA Withdrawals
Post by: WES on August 13, 2013, 11:00:00 PM

Has anyone begun IRA withdrawals? Any troubles? Obviously it would be difficult to accumulate the cash to meet a traditional IRA's RMD under LC alone, but with a Roth it wouldn't matter, as there is no RMD. Or are you all so very young that you can't imagine being age 59 1/2 . . .

Title: IRA Withdrawals
Post by: core on August 13, 2013, 11:00:00 PM

from: WES on August 14, 2013, 04:19:43 PM

Title: IRA Withdrawals
Post by: cnmor54 on August 14, 2013, 11:00:00 PM

I'm 58 1/2. What's RMD?

Title: IRA Withdrawals
Post by: TravelingPennies on August 14, 2013, 11:00:00 PM

from: cnmor54 on August 15, 2013, 11:00:41 AM

Title: IRA Withdrawals
Post by: TravelingPennies on August 14, 2013, 11:00:00 PM

Thanks Core.

Just checked it out on the IRS website. Don't have to worry about it until age 70.

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Lending Club Discussion => Investors - LC => Topic started by: WES on August 13, 2013, 11:00:00 PM