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re: 401K mandatory withdrawal, what to do with money?
Posted on 1/4/18 at 10:49 am to bayou choupique
Posted on 1/4/18 at 10:49 am to bayou choupique
quote:
Suggestions please money board.
If he already makes charitable donations. Have him do it as a direct transfer from the RMD (required minimum distribution) to the charity.
Alternatively, convert the RMD's, or some of the 401k, into a donor advised fund.
1
Posted on 1/4/18 at 10:54 am to Golfer
Tell him to gift it to his favorite son.
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