Google must be listening. I just got an email from TD Ameritrade... -- Spud 12/30/2021 10:02AM
I've been receiving inherited IRA payouts for many years. -- Full-Set and Moonshine 12/29/2021 6:56PM
Yes, tax laws changed. It is 10 years to take out if not a married spouse -- VaTechie 12/29/2021 10:09PM
To take all of it ? ** -- Full-Set and Moonshine 12/29/2021 10:50PM
Yes, 10 years to take all of it out -- VaTechie 12/29/2021 10:55PM
Good to know ** -- Full-Set and Moonshine 12/29/2021 11:06PM
Do you trust your wife? ** -- HokieDan95 12/29/2021 5:29PM
Can you wirhdraw the IRA over 10 years and pay off the mortgage -- Baltimore Hokie 12/29/2021 1:47PM
Certainly...and I only have about 5 years left on the mortgage anyway -- JoesterVT 12/29/2021 1:53PM
Would say do calculations -- HokieForever 12/29/2021 2:03PM
Will add instead of making an extra payment each year -- HokieForever 12/29/2021 2:08PM
Oh- shun ** -- bigbadbird 12/29/2021 1:27PM
Inside -- FfxStationHokie 12/29/2021 1:30PM
I think you can take it out over a number of years- which could defer taxes -- bigbadbird 12/29/2021 1:11PM
First qs pp1 are right. The other is whatever works. Rest assured at some -- ColoVT82 12/29/2021 12:55PM
My wife got an inherited IRA too (inside) -- FfxStationHokie 12/29/2021 12:47PM
Your basic understanding is pretty much correct -- Hokerer 12/29/2021 12:41PM
Would also add using some back of the napkin math -- HokieForever 12/29/2021 2:02PM
Also how much home interest from a payoff is saved vs taxes paid ** -- coshokie 12/29/2021 1:31PM
I get that, but my thought is this... -- JoesterVT 12/29/2021 1:39PM
Yet you have this IRA which IS that investment -- 133743Hokie 12/29/2021 2:08PM
Well, I'd never borrow money on a paid for house to invest in an IRA, so .. -- JoesterVT 12/29/2021 2:15PM
With the IRA he has the resources to be debt free whenever he wants, but -- 133743Hokie 12/29/2021 4:19PM
Wrong way to look at it imo -- HokieForever 12/29/2021 2:23PM
Good point on amortization, yeah he is saving "pennies" at this point ** -- HokieForever 12/29/2021 2:11PM
Agree, that's a great place to be in ** -- coshokie 12/29/2021 1:51PM
Where can I find info on the tax brackets? ** -- JoesterVT 12/29/2021 12:46PM
Lots of places, link inside -- Hokerer 12/29/2021 12:52PM
Thanks! ** -- JoesterVT 12/29/2021 1:09PM
Nothing. If you need help with IPA's, let me know. ** -- vt90 12/29/2021 12:31PM
Yeah. Always take an IPA. ** -- HokieR 12/29/2021 1:32PM