Changes could be coming to RMD’s. Don’t take this as a reason to stop fighting the IRA tax trap!

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By Chad Burton. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

A lot of retirees delay pulling money from their retirement accounts believing the tax hit is much worse than other options. This is not necessarily the case. Spending down your cash and taxable accounts often creates a rolling tax problem after RMD’s kick in. Create a Roth Conversion plan before year-end. Don’t wait on the IRS to make changes! Other topics include:

  • Battling Alzheimer's and brain diseases
  • Long term care planning
  • Deferring more money from your paycheck in 2020

Retirement planning is more complicated than ever. Please join Rob Black and I for our Retirement and Income Planning seminar this Thursday, November 14, 2019 in Burlingame. Click HERE to sign up!

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

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