For high net worth clients, mandatory withdrawals could come with a hefty tax bill. As such, advisors suggest taking advantage of the early withdrawal period in order to lower the tax burden.
See Arden Dale, "Planning IRA Withdrawals," wsj.com (Dec. 05, 2011).
h/t Gerry W. Beyer, "Planning Ahead for IRA Withdrawals," Wills, Trusts, & Estate Prof Blog (Dec. 06, 2011).
Posted by Shahzeb Gaziani, Senior Associate Editor, Wealth Strategies Journal.
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