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§ 107.1560 Distributions by Licensee - required Distributions to private investors and SBA.
Contrary to what many people assume, required distributions alone, although based on actuarial tables, will not consume your whole tax-deferred retirement nest egg unless market performance is extremely dire.
Take required distributions from an inherited IRA.
4. Take required distributions from your own IRA.
Does it let you delay required distributions if you work past age 70 ½?
You don't have to take required distributions from a Roth, as you do from a regular IRA.
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The donation would count against the minimum required distribution they would otherwise be required to take.
Speaking of retirement, if you are over 70½ be sure to take your minimum required distribution from your IRA before the end of the year.
My minimum required distribution is currently about $30,000 a year, which means my IRA funds will last until I am well over 100!
The qualified charitable distribution rule allows a taxpayer to make a direct contribution to a qualified charity from their IRA tax-free and consider the distribution as all or part of their annual minimum required distribution.
If you can take out $17,000 without a tax consequence or as part of your minimum required distribution, then using $17,000 to save $1,000 a month can be a smart thing to do mathematically in some ways.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com