Mandatory Minimum Distribution-age 73
How can I avoid paying taxes upon my total withdrawl of funds,RMD, before age 73 other than just donating it to charity? (i.e. alternatively transfering funds to another fund (Roth IRA, Savings Bonds, ect)
Terry Says
You must add all withdrawals to your ordinary income. Period. And pay taxes. Period.
Then if you have earned income, you might consider a tax-deductible IRA contribution — which can be made from the funds you withdraw.
