Required Minimum Distributions from your Traditional IRA:
I just read that instead of taking the mandatory cash, you can transfer stock
from your IRA into your taxable account.
Of course you will have to pay the tax, but this is great for the wealthy, or
those that don't immediately need the money or feel the stock isn't priced
right.
If you tranfer the losers into your taxable account, you can claim a tax loss if
they decline further. If they go up, you did better than just taking your yearly
distribution.
Ideally, if you use last years distribution for current year bills, you would
get an extra 12 months to pick your sale price.
It's a traditional IRA, so you would pay tax either way.
Cool !
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This is a whole lot better than taking your proceeds at whatever price at noon
on whatever date.
Keep this in mind for your elderly relatives.
You don't have to accept cash as a distrbution !
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