Add RMD transactions to tax planning tools…
Len
[Edited - Readability]
Is this what you are looking for?
This Idea has been in the Planned state for almost 3 years; hopefully they will implement it soon. If you are lookin for something different, please elaborate.
And RMD is just a required distribution from your retirement account(s). It doesn't differ from any other distribution … so what are you asking for?
Or are you trying to see the impact of distributions from your IRAs and 401(k)s in the Tax Planner?
It would be nice to be able to input the age you plan to start RMD's and for the LTP to calculate the RMD's starting at that age and list those withdrawals separately. Then calculate any additional withdrawals based on Living Expenses in addition to the RMD and list them as taxable or non-taxable withdrawals.
@deacon I think your request has merit, but it is different from what is discussed here. Currently the Lifetime Planner includes RMDs in its projections, but the age when they start is incorrect and the withdrawal amounts are combined with voluntary withdrawals.
There have been similar requests for changes to the Lifetime Planner in the past, but they have been closed and archived, so I think it would be best for you to start a new Idea for this or add a comment to this related Idea.
