The Need-to-Know Basics of Required Minimum Distributions, Ep #156

What are required minimum distributions (RMDs)? How will they impact you? How do we account for them? Too many financial advisors neglect to help their clients plan for RMDs. I am not one of them. I cover the basics that you need to know in this episode of Retirement Made Easy.  You will want to hear this episode if you are interested in... [1:54] Carefully choose the people you take advice from [5:29] Something you need to know about 401ks [9:47] The basics of required minimum distributions [13:28] Why you want to work with a professional [15:22] The various ways you can take distributions  [19:07] Know that the time is coming and plan for it [20:46] RMDs for inherited accounts are different Resources & People Mentioned 3 Steps to Retirement Planning 2024 Tax Guide RMD Calculator Qualified Charitable Distribution Connect With Gregg Gonzalez Email at: [email protected]  Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube Subscribe to Retirement Made EasyOn Apple Podcasts, Spotify, Google Podcasts