Posted 1/8/2025 21:43 (#11047668 - in reply to #11047310) Subject: RE: IRA and taxes. Is it smart to fund it on a low tax or loss year?
Central, IA
It is probably smart to fund it all years, not just the loss years.
As for the farmland. I wouldn't. I don't believe you can farm it yourself, and you'll have to take minimum distributions at some age. It would kind of suck to have to sell a farm just for a RMD.
IRA and taxes. Is it smart to fund it on a low tax or loss year?
