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Bourbon_on_my_cornflakes

07/01/21 2:46 AM

#318928 RE: drv17 #318902

There is a required minimum distribution (RMD)each year in a traditional IRA. This is one reason I moved all of mine to a Roth and individual accounts

Believe it is taxed as ordinary income also, not as LT capital gains.

Roth is far better deal unless you are say 60 and earning big bucks now, but not in retirement. Then the lower retirement ordinary income rate works. But if you are expecting major appreciation, Roth.