RMDs: What You Need to Know

Whether preparing for retirement or already enjoying it, one thing remains true: You want to make the most of your income and protect it from unnecessary penalties. RMD stands for “required minimum distributions,” which is the amount of money you need to take out annually from a tax-qualified retirement account after you reach a certain age. But did you know that you must take your full required amount, or you could face IRS penalties? Watch the latest Financial Strategies podcast with Andrew and Daniel Agemy here to learn more. ARE YOUR ALLOCATIONS RIGHT FOR RMDS? (PDF) https://bit.ly/3L68PVp UNDERSTANDING REQUIRED MINIMUM DISTRIBUTIONS (PDF) https://bit.ly/3LqBJ3Z Follow us on Instagram! https://www.instagram.com/agemyfinancial/ Like us on Facebook! https://www.facebook.com/agemyfinancial/