Required Minimum Distributions

Required Minimum Distributions

| October 19, 2019
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In our recent educational video series, I discuss why do you think the U.S. government forces you to take Required Minimum Distributions (RMDs) when you turn age 72 now because of the SECURE Act (70 1/2 before January 1, 2020) from your qualified accounts such as IRAs, 401ks, and 403bs. The fact is that one of the biggest struggles and concerns the IRS has today is the same concern that the Social Security Administration has and that individual investors have. It’s the fact that we are now living longer and longer. This video covers some of the things you should consider when calculating your RMDs.

  

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