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Figuring out how to handle unspent RMDs

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  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
  • warning: Parameter 2 to ad_flash_adapi() expected to be a reference, value given in /var/www/vhosts/rustonleader.com/httpdocs/includes/module.inc on line 497.
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Moore, Byron 2016.jpg

Question: I am old enough that my investment company is sending me the required minimum amount from my IRA every year. That started when I turned 70. But I don’t really need the money, so it’s just sitting in the bank, earning nothing. What else can I do with it?

Answer: All money gets spent by someone at some time.

So if you don’t decide how to spend your money, don’t worry, one day, someone else will.

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