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How to enter CDs in an IRA that mature after Pralana Online has depleted the IRA?

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(@summitkarl)
Active Member
Joined: 3 years ago
Posts: 4
Topic starter  

I have several CDs in an IRA that mature after Pralana models the complete drawdown of the IRA. Is it possible to force Pralana to leave the CD funds in the account until they mature? I tried to use a Scheduled Withdrawal, but Pralana Online simply states that there are insufficient funds to honor the entry. Evidently, that's not the way to accomplish this!

Any help appreciated.

Karl G


   
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(@smatthews51)
Member Admin
Joined: 4 years ago
Posts: 899
 

@summitkarl The answer is "no" because the tool does not model specific investments. However, I suppose you could modify your withdrawal priorities to avoid withdrawals from your tax-deferred account for a particular period.

Stuart


   
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(@summitkarl)
Active Member
Joined: 3 years ago
Posts: 4
Topic starter  

Thought so.

ah, i could use a period. i hadn't thought of that.

For me, i woke up this morning and realized i didn't need to liquidate them to transfer them to a Roth - which was driving the need, so my issue is resolved.

Thank you,

BTW: Pralana Online is a superb advance. Nice work!


   
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(@smatthews51)
Member Admin
Joined: 4 years ago
Posts: 899
 

@summitkarl Hello again, Karl, I'm happy to hear that you're good to go now and we really appreciate the positive feedback!

Stuart


   
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