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Pnc Ira Withdrawal Form

Pnc Ira Withdrawal Form

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sAlison Southwick: The next question comes from Keith. "About six years I inherited my father's IRA. So far I've only taken the required minimum distributions each year. This year due to an extended job search, my wife and my income will be considerably less than it has been in the past year. Given that temporary drop in income and the fewer tax brackets, now, should I take a larger distribution this year in an attempt to take advantage of this low tax year of ours? I'd only take enough to keep it in the same tax bracket and would either move the investments into a post-tax brokerage account for our retirement, or alternatively cash the distribution out and pay down a variable interest HELOC whose rates have been climbing up. Thanks, Keith." Ross Anderson: I am sorry to hear that the job search is taking longer than anticipated, but I love the question. This is a perfect question, because you're doing some tax planning, right now, and t

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