livesoft wrote:convestor21 wrote:
Could some other people weigh in on this? Is this a possibility?
It is unlikely to be a possibility because of the kiddie tax rules. However, "unlikely" does not mean "impossible".
Saving$ wrote: Do you have an umbrella policy? If so, you were probably required to disclose your net worth in bracketed amounts. Thus your insurer knows.
Crow Hunter wrote:
I thought you could just transfer assets in kind from an IRA into a taxable account and count the value as the RMD. But I am very often wrong.
kazper wrote: I just found out yesterday that she has 4 401K/IRAs going due to job changes.