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(From left) Kara Sansonetti, manager of therapy services for the Crystal Clinic Orthapaedic Center, Michelle Kern BSN/RN, director of inpatient services for the Crystal Clinic Orthapaedic Center and Dr. Robert Kepley, inpatient surgery director for the Crystal Clinic Orthapaedic Center, talk with Rollin Kinsey of Springfield Township about his right hip replacement during a visit to his room at St. Thomas Hospital on Wednesday in Akron. A new study has shown the center has among the lowest costs in the nation for hip and knee replacements. (Ed Suba Jr./Akron Beacon Journal)
Q: Next year, 2017, will be my first year to take a required minimum distribution (RMD), and I am trying to find the best way to do it. Vanguard recommends waiting until the end of the year, then taking the money out in one lump sum. They believe waiting allows dividends and interest to compound. Some recommend taking it out at the beginning of the year. My thinking is to have the dividends, interest and capital gains taken out as accrued, then take the remaining amount needed out in December. What is your recommendation?