Converting Your RMD into a Tax Penalty

Season 4 Episode 29 Taking your Required Minimum Distribution (RMD) from your pre-tax retirement account sounds easy enough, but there are a few unique rules that could wind up costing you lots of money if you do not get them right. Mike, Josh, and Kevin share with you the unique rules that come with handling your RMD on this episode of Wise Money. Have a question for the show? Call or text 574-222-2000 or leave a comment! Find more information about the Wise Money Show at https://www.korhorn.com/wise-money-online Be sure to stay up to date by following us! Facebook - https://www.facebook.com/wisemoneyradio/ Twitter - https://twitter.com/WiseMoneyShow Thank you to our sponsors:  First State Bank - https://www.bfirst.bank/personal South Bank Legal (formerly LaDue Curran Kuehn) - http://lck-law.com/ Inspired Homes - https://inspiredhomes.com/ Bethel College Adult & Graduate Studies - https://www.bethelcollege.edu/academics/adult-degrees