When You’re Forced to Cash Out in a Bearlike Market - The New York Times
6/12/2022 12:00:00 AM3 years 8 months ago
by Martha C. White
by Martha C. White
You can’t leave money in your I.R.A. forever, as dictated by I.R.S. rules. This can put retired investors in a tough spot.
The amount an account owner has to withdraw varies from year to year, based on their account balance as well as their anticipated life span, and the distributions are taxed as ordinary income. People… [+1441 chars]
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