I'll be very happy to help. Best regards, Kyle Larry M. 2023-05-27 20:40:00 I'm 70 years old. If I fund an annuity with my IRA but don't want to take out the monthly payments until I'm 73 (RMD age), can I roll those funds back into the annuity to increase the total ...
your first RMD should be taken this year. While the law allows you to delay your first one until as late as April 1 of the following year, be aware that doing so would mean you're on the hook for two RMDs in 2022.
“The first is you can elect to keep the IRA in the name of the decedent. This is not the most common approach but is frequently used when the deceased spouse is under 72, the required minimum distribution (RMD) age, and the surviving spouse is over 72. This way, the surviving spouse...