Hello,
Long time follower and curious to get information around a very specific topic.
My mother passed away in 2011 when I was 17 years old. She left a traditional IRA as well as a general brokerage account.
I’ve recently taken to investing on my own. I get confused with the required distribution vs 10 year rule vs 10% tax if I withdraw to move into brokerage or personal IRA/roth.
I don’t really need the money at all but would like to know in terms of timing of investments what my options are. The account value is roughly 180 and per Schwab RMD calculator I only NEED to take out 3.7 this year.