Permalink Submitted by Alan - IRA critic on Mon, 2017-06-12 19:38
Depends on your needs and individual situation. Taxes are deferred longer if you only remove the RMD amount. You name your own beneficiary and the account passes to them at your death. But you can distribute as much as you want, so you could just take out RMDs until you have a need for more money, such as large medical expenses, travel expenses etc.
Permalink Submitted by Alan - IRA critic on Mon, 2017-06-12 19:38
Depends on your needs and individual situation. Taxes are deferred longer if you only remove the RMD amount. You name your own beneficiary and the account passes to them at your death. But you can distribute as much as you want, so you could just take out RMDs until you have a need for more money, such as large medical expenses, travel expenses etc.