RMDs
Aired
May 2nd, 2024 06:00pm | Duration:
27:52
Today’s show is all about RMD’s which stands for Required Minimum Distributions – a lot of clients don’t know what it is – So, we want to de-myth the RMD. If you have an any kind of a Qualified account: IRA, 401(k), 457, 403(b) or any of those letters or numbers for a retirement plan. When you turn age 73, you must take a required amount of money out of your account whether you want it or not and be taxed on it.