How Can RMDs Create Opportunities In Your Retirement Plan
Oct 17, 2023 ·
10m 47s
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Description
As we enter the year’s 4th quarter, it's time to think about Required Minimum Distributions (RMDs). With the age for RMDs shifting to 73, it's crucial to understand how these...
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As we enter the year’s 4th quarter, it's time to think about Required Minimum Distributions (RMDs). With the age for RMDs shifting to 73, it's crucial to understand how these distributions play a role in your plan. What if there was a better way to handle these withdrawals? We hear from Morningstar’s Christine Benz who says for some, RMDs may actually present opportunities. Jon shares his thoughts on the idea, plus insight on strategies that may help mitigate their impact on your savings. Connect with Jon and his team at J Hagan Capital for insight to help diffuse the "tax time bomb" often associated with RMDs, which may also create substantial savings on future taxes and offer more control over your retirement funds.See omnystudio.com/listener for privacy information.
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