Don't Need Your Required Minimum Distribution (RMD) Right Away? Here Are Smart Ways to Use the Extra Cash.

If you've built savings by contributing to a pretax retirement account, you will generally be required to begin taking required minimum distributions (RMDs) at age 73 (or 75 if you were born in 1960 or later). Once the money is distributed, you don't have to spend it, but you cannot leave it in a tax-deferred account. If you're in the fortunate position of not needing your RMD to pay everyday living expenses, it's time to come up with a plan for the best ways to use them. Here are five ideas worth considering.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool