The whole idea of an IRA is that both the principal originally deposited, and the resulting profits, were never taxed. That’s why you’re taxed when you take out the money.
We’re living OK on the income I’m making now and have been making since “retirement” five years ago. This rule forces me to ‘take” money I don’t need right now and had thought I’d need in my later 70s.
It’s grossly unfair to those of us who have saved and invested for retirement.