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To: Drygulch Dan who wrote (97881)10/21/2017 3:14:35 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219495
 
It's probably better to withdraw sooner than later, why risk any penalty unnecessarily...

GZ



To: Drygulch Dan who wrote (97881)10/21/2017 4:34:52 PM
From: Mevis  Respond to of 219495
 
try to avoid a double rmd in a single year due to double tax.



To: Drygulch Dan who wrote (97881)10/21/2017 4:39:53 PM
From: Mevis1 Recommendation

Recommended By
Wayners

  Read Replies (1) | Respond to of 219495
 
the burdensome and complex irs rules and codes, IMO, are by design in order to drive business towards the attorneys, accountants, and other personnel.



To: Drygulch Dan who wrote (97881)10/22/2017 3:57:03 PM
From: Ms. Baby Boomer1 Recommendation

Recommended By
Vendit™

  Read Replies (1) | Respond to of 219495
 
Understanding the IRA mandatory
withdrawal rules...


marketwatch.com

If U make a mistake, IRS Penalties can be as high as 50%...

IT appears that doesn't apply to U, as U won't be 70 1/2 until next January...

Sorry, but Moi is not familiar with Schwab's IRA documentation....

M



To: Drygulch Dan who wrote (97881)10/22/2017 5:39:52 PM
From: Qualified Opinion  Respond to of 219495
 
irs.gov