The Need-to-Know Basics of Required Minimum Distributions, Ep #156
Jan 17, 2024•24 min•Ep. 156
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Episode description
What are required minimum distributions (RMDs)? How will they impact you? How do we account for them? Too many financial advisors neglect to help their clients plan for RMDs. I am not one of them. I cover the basics that you need to know in this episode of Retirement Made Easy.
You will want to hear this episode if you are interested in...- [1:54] Carefully choose the people you take advice from
- [5:29] Something you need to know about 401ks
- [9:47] The basics of required minimum distributions
- [13:28] Why you want to work with a professional
- [15:22] The various ways you can take distributions
- [19:07] Know that the time is coming and plan for it
- [20:46] RMDs for inherited accounts are different
- Email at: Gregg@RetireSTL.com
- Podcast: https://RetirementMadeEasyPodcast.com
- Website: https://StLouisFinancialAdvisor.com
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