Friday, May 30, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World

Should I rush to take my RMD while the S&P 500 is down, or wait until the end of the year like normal?

13 April 2025
in World
0 0
Should I rush to take my RMD while the S&P 500 is down, or wait until the end of the year like normal?
Share on FacebookShare on Twitter


Summary

In a volatile market, retirees facing required minimum distributions (RMDs) must carefully consider timing their withdrawals, as rushing to take funds now may result in selling investments at a loss. Unlike Roth conversions, which benefit from tax-free growth, RMDs incur taxes on withdrawn funds, locking in losses and subjecting future growth to taxation. Financial planners recommend using specific assets for RMDs to minimize losses and emphasize the importance of not viewing a portfolio as a single entity, highlighting the need for strategic withdrawal planning.

Full Article

Tags: Accountnormalordinary incomerequired minimum distributionsretirementRMDRob WilliamsRoth conversionsRushStock Marketwaitwithdrawalyear
Previous Post

Sen. Bernie Sanders makes surprise appearance at Coachella

Next Post

British Steel might not get enough materials to power Scunthorpe plant

Related Posts

Oil-rich UAE orders emissions monitoring in new climate law
Middle East

Oil-rich UAE orders emissions monitoring in new climate law

by My News Wave
30 May 2025
0

The United Arab Emirates, a significant oil exporter, has initiated mandatory emissions monitoring for companies under a new climate change law, marking a first for the Middle East. Greenpeace praised this "bold leap toward regional climate leadership," as companies must now report and reduce greenhouse gas emissions, facing fines up to two million dirhams ($545,000) for non-compliance. While the UAE aims for net-zero domestic carbon emissions by 2050 and has committed to a 47% reduction...

Read more
For Pop Mart, tiny blind boxes are big business
World

For Pop Mart, tiny blind boxes are big business

by My News Wave
30 May 2025
0

Pop Mart, a Beijing-based toymaker, has seen explosive growth driven by the popularity of its collectible Labubu plush toys, appealing to Gen Z and millennials globally, with sales doubling to $1.8 billion last year. The toys' unique "blind box" packaging encourages repeat purchases, while Pop Mart's market valuation exceeds that of US toy giants Mattel and Hasbro. As the company expands internationally, it taps into consumer behavior that favors small luxuries in tough economic times,...

Read more
Fremantle Dockers Caleb Serong takes Mark of the Year contender with horizontal grab against Gold Coast
Australia

Fremantle Dockers Caleb Serong takes Mark of the Year contender with horizontal grab against Gold Coast

by My News Wave
30 May 2025
0

Caleb Serong's Spectacular MarkIn a thrilling match against Gold Coast, Fremantle's Caleb Serong executed a remarkable flying mark, showcasing his athleticism by going completely horizontal in the air. Despite this stunning play, he missed his subsequent set shot, but the Dockers maintained a 20-point lead at the first break. This impressive grab was made even more noteworthy due to the challenging conditions of heavy rainfall affecting the game. Full Article

Read more
Singapore, Japan defence ministers discuss strengthening cooperation
Asia Pacific

Singapore, Japan defence ministers discuss strengthening cooperation

by My News Wave
30 May 2025
0

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: Japan's Minister of Defense Nakatani Gen called on his Singapore counterpart Chan Chun Sing on Saturday morning (May 31) at the sidelines of the Shangri-La Dialogue.Mr Chan welcomed Mr Nakatani back to the event, as he had attended the inaugural edition in 2002.During the...

Read more
Oklahoma inmates clear debris to free family trapped for more than a week
USA

Oklahoma inmates clear debris to free family trapped for more than a week

by My News Wave
30 May 2025
0

SummaryA work crew of minimum-security inmates in McAlester, Oklahoma, helped clear debris for a woman and her three children after a tornado devastated their rural property on May 19. The Oklahoma Department of Corrections reported that nearly a dozen inmates volunteered for the cleanup, supervised by Warden Margaret Green, who organized the effort after seeing a social media post about the need for assistance. J.B. Sharp, a road foreman, praised the inmates for their significant...

Read more
Crusaders v Brumbies: Former Wallaby hits out at Kiwi officials for ‘disgraceful’ missed knock-on call
New Zealand

Crusaders v Brumbies: Former Wallaby hits out at Kiwi officials for ‘disgraceful’ missed knock-on call

by My News Wave
30 May 2025
0

A former Wallabies midfielder criticized a crucial officiating decision in the Crusaders' victory over the Brumbies in Canberra, labeling it “disgraceful.” In the 75th minute, with the Crusaders trailing by three points, referee James Doleman allowed play to continue after Sevu Reece's apparent knock-on, asserting the ball “came off the foot.” This led to a penalty and a try by George Bell, ultimately securing the Crusaders' 33-31 win, which placed them second in the Super...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Oil-rich UAE orders emissions monitoring in new climate law
  • For Pop Mart, tiny blind boxes are big business
  • Fremantle Dockers Caleb Serong takes Mark of the Year contender with horizontal grab against Gold Coast
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In