The RMD factor ranges from 8.2% - 14.7% of a portfolio for a person in their 90s. Since your relative is spending the RMDs to cover living expenses, 70% equity allocation seems high.
Have you turned off the reinvestment of dividends for the Taxable account’s equity positions?
Any equity tax lots in Taxable that can be sold for a low gain?
Any plans to gift or donate in-kind?
Any room to take an additional tax deferred distributions without increasing their marginal tax rate or IRMAA?
Will they need to withdraw more in the future for a higher level of care?
Have you turned off the reinvestment of dividends for the Taxable account’s equity positions?
Any equity tax lots in Taxable that can be sold for a low gain?
Any plans to gift or donate in-kind?
Any room to take an additional tax deferred distributions without increasing their marginal tax rate or IRMAA?
Will they need to withdraw more in the future for a higher level of care?
Statistics: Posted by HomeStretch — Mon Sep 15, 2025 12:20 pm — Replies 12 — Views 318