DiscoverWBEZ NewsShould I use my trust or IRA for everyday spending?
Should I use my trust or IRA for everyday spending?

Should I use my trust or IRA for everyday spending?

Update: 2025-10-07
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Alongside the Chicago Sun-Times, we’re gathering your questions about all things money and finances.

Then each week, we get your questions answered by the people who know best.

This week, we’ve got this question from Nancy in Orland Park.

NANCY: I am in my 80s and have cash in my trust, traditional and Roth IRAs. Which would be more prudent to use for everyday living?

To find out, we called up an expert.

Andy Timmerwilke
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Should I use my trust or IRA for everyday spending?

Should I use my trust or IRA for everyday spending?