What To Do With RMDs You Don't Need (EP.78)

After age 72, a Required Minimum Distribution (or RMD) must be withdrawn from your traditional IRAs and 401(k)s each year—whether you need it or not. Failing to take an RMD could result in a tax penalty worth up to 50% of the amount you should have taken.

 

Listen now and learn about seven strategies to minimize the RMD tax liability.

 

 

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