Required distribution at age 73
What is better to do?
Take the distribution all at once or spread it out throughout the year.
Thank you.
Terry Says
That depends on how you want to manage your finances. But you should have ALL the money you need inside your IRA in a money market fund at the start of the year. Then you can have it distributed monthly, quarterly — or take it out in one lump sum. Just be sure to have them withhold the appropriate amount of income taxes.
