You Turn 73 and the IRS Makes You Take the Money. These 3 ETFs Turn Forced RMDs Into a Paycheck
The IRS forces you to pull money out of your IRA at 73 whether you need it or not, but three ETFs can turn that mandatory withdrawal into something that actually works in your favor.
Quick take
Read original at Yahoo Finance The IRS requires individuals to take Required Minimum Distributions from their traditional IRA at age 73. Three ETFs, JEPI, SCHD, and SGOV, can help turn these forced withdrawals into a steady income stream. JEPI and SCHD offer monthly and quarterly distributions, respectively, with SCHD surging 24% over the past year.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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