Unlocking Your Financial Future
Business:Investing
Do you have a strategy for required minimum distributions once you turn age 72? On today’s episode, we’ll discuss RMDs and how you should approach them in your retirement plan.
What we discuss on this episode:
1:05 – What is an RMD?
1:59 – Changes to RMDs
3:01 – Advantages to changes
4:03 – Alleviate tax burden
4:28 – Tax-saving strategies
5:53 – Balancing your accounts
6:39 – Asset allocations for RMDs
8:11 – Managing your distributions
9:20 – Planning accordingly
11:03 – Additional income tax
Read More: https://www.baschrock-fg.com/podcast/
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