Telemus Blog

What Should You Do With Unneeded RMDs?

Written by Forbes | Sep 25, 2019 2:52:24 PM

RMDs can feel especially inconvenient if you don’t need the withdrawals to pay for living expenses. 

You’ve spent decades growing your retirement savings, so being forced to withdraw your hard-earned funds and start paying taxes on them can feel destabilizing — not to mention it can potentially bump you into a higher tax bracket.