Highlights from show originally aired January 8, 2022.
In this episode, Mike looks back on some past listener questions that still get asked frequently today:
- When exactly do I need to start taking my required minimum distribution (RMD)?
- What is the best way to take that RMD?
- Has the age requirement changed?
- How does the qualified charitable distribution (QCD) work?
- Is there a more tax efficient way to give?
- How does lowering the balance of your IRA affect your RMD amount?
- What are some ways to lower the balance of an IRA?