How to Use Your RMD for a Vacation With Your Grandkids

Date:

RetirementRequired minimum distributions can mean higher taxes—but they can also fund unforgettable family experiences.Treat yourself and your loved ones. Dreamstime/TCATribune News Service3/30/2026|Updated: 3/30/20260:00By Maurie Backman From Kiplinger’s Personal FinanceFor people with money in a traditional retirement savings plan, required minimum distributions (RMDs) can be a blessing and a curse. While RMDs can inevitably produce a sizable tax bill, they can also serve as an opportunity to splurge on experiences about which you otherwise wouldn’t dream.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Cars Should Be 100 Percent Free of the CCP

Anders CorrAuthorAnders Corr has a bachelor’s/master’s in political science...

Wall Street Review: Stocks Pull Back as Bond Yields Jump

Traders work on the floor of the New York...

How Major US Stock Indexes Fared May 15

The U.S. stock market fell from its records and...

Toyota Files for $2 Billion Expansion of Texas Production Facility

Tundra trucks and Sequoia SUVs exit the assembly line...