If you are diagnosed with hypersomnia, your doctor can prescribe various drugs to treat it, including stimulants, antidepressants, as well as several newer medications (for example, Provigil and Xyrem).
You may have your 2015 RMD made payable directly to the charity (provided it meets the IRS definition of a qualified charity), and then designate it as a qualified charitable distribution on your tax return. You'll have satisfied your distribution requirement, and you won't have to pay income taxes on that money.
With UFPLS, you can take a series of ad hoc withdrawals from your pension fund or funds as and when you need to access the money. For each withdrawal, the first 25% is tax-free and the remaining 75% taxed as income.Once you cash in (or crystallise) your pension pot, you can take up to 25% tax-free upfront and the rest is taxable, see our example, above.Not all pension companies will offer UFPLS, so you will need to check with your provider to make sure it's possible if this is your chosen option.nce you cash in (or crystallise) your pension pot, you can take up to 25% tax-free upfront and the rest is taxable, see our example, above. Not all pension companies will offer UFPLS, so you will need to check with your provider to make sure it's possible if this is your chosen option.