HI Michael! I typically ask the question, Are you taking the RMD because you want to, have to, or need to? Your specific situation will determine where these dollars should go. Some people need these dollars for expenses, some want to have fun with it, and some have no need for the extra income. For those who do not need the additional taxable income, reallocating these to a nonqualified investment or leveraging life insurance can be a great way to start legacy planning.