I’m Forced To Take RMD’s At My Age, But I Would Like To Just Leave This Money To My Kids. Any Suggestions?

I don’t want to be in any type of risky investment. Open to suggestions..

  1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    If you're healthy (and even better if you're married and your spouse is also healthy) you can leverage your RMDs (required minimum distributions) to purchase life insurance, that if set up correctly, can distribute a tax free lump sum that can be split among your beneficiaries. You could consider taking more distributions than your RMDs and do the same for your grandchildren.
    Answered on August 9, 2013
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