Your 70s represent a time to enjoy the fruits of your labor, but there’s still work to do. When you turn 73, you’ll need to start taking one of the more complex and time-consuming aspects of managing your retirement income: required minimum distributions (RMDs).
Let's start with the basics:
Remember: You have help available to calculate the correct annual RMD amount across your retirement accounts. If you’re interested in learning more about strategies to minimize the burden of managing RMDs, contact the office today to schedule an appointment.
This communication is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.
What to Know About Required Minimum Distributions
March 14, 2023|