Off-Topic: "Transitory" inflation at 9.1%
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Name:
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MartiniMan
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Subject:
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"Transitory" inflation at 9.1%
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Date:
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7/13/2022 11:45:20 AM
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Likely due to mandatory or voluntary distributions from retirement accounts. Those taxes are paid quarterly. My personal plan is to wait until I have to make the mandatory minimum distributions but that will depend a lot on the tax rates at the time and where I am in the income ranges. If you have a time of lower tax rates it might make sense to take the max distribution at that time. Later could hurt.
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