At 72, the IRS requires you to begin withdrawing money from your retirement accounts. These withdrawals are called required minimum distributions or RMDs. What is the minimum distribution, and how is it calculated? This week's blog will outline how you can calculate your RMD by following a few steps.
To read more, click on the link below to read, Calculating Your RMD in 5 Easy Steps.
Calculating Your RMD in 5 Easy Steps
As I implied in last week's blog, the subject of RMDs is not a head-turner but could become a headache if you do not do your due diligence.
This topic may leave you with questions, so please reach out so we can guide you through this process. If this information can help someone you care about, please feel free to share.
David S Dixon, CFP®