It depends. The only way to defer including any of the amount in your income is to rollover the amount. However, amounts in excess of your RMD can be rolled over only if the amount is rollover eligible and the rollover is completed within 60-days of you receiving the distribution. Note: The 60-day period starts with the date you received the amount, and not the date the withdrawal was made from your IRA. Therefore, the amount in excess of your RMD can be rolled over, providing it is not more than 60-days since you received the distribution. If it has been more than 60-days since you received the amount, it is not rollover eligible.

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  6. Can I use my IRA savings to start my own savings?

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