Starting when you are 70 1/2 you are REQUIRED to make withdrawals from your retirement accounts. These “Required Minimum Distributions” are called RMDs and today I want to share with you 3 Things you MUST know to take these withdrawals wisely.
You will learn…
- How the IRS assesses Penalties if you don’t take your RMDs
- How the IRS calculates when you RMD is each year
- How you can plan your RMDs and minimize the tax you might pay
Make sure to watch till the end where you will learn a simple tip on how to make your RMDs while allowing your accounts to continue to grow.