Torvy
Super Member
^not really, for many of us. RMD wasn't a thing until 1986. The contract is simply that we pay taxes on those funds upon withdrawal. Forced withdrawals wasn't part of the deal.
We only got the Roth option on 401K a few years ago at my place of employment. I changed all my contributions to go that way about as soon as it became available. But sadly, most of mine is in traditional.Most of our retirement is in ROTH IRAs and ROTH 401K.
In my humble opinion, having too much RMD money, is a good problem to have, compared to the many people without enough money
^not really, for many of us. RMD wasn't a thing until 1986. The contract is simply that we pay taxes on those funds upon withdrawal. Forced withdrawals wasn't part of the deal.
RMDs are a horrible policy in general.