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RMD's - What are they and Why you need to Know

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Manage episode 218100910 series 2150449
Content provided by NO BS Retirement Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NO BS Retirement Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
According to Investopedia, a RMD, Required Minimum Distribution is that traditional, SEP or SIMPLE IRA owners and qualified plan participants must begin withdrawing from their retirement accounts by April 1 following the year they reach age 70 1/2. The retiree must they withdraw the RMD amount each subsequent year based on the current RMD calculation. MWA advisor, Alan Mercurio, walks you through the steps of on how to calculate the amount, how to address the ascociated taxes, and that possibly what to do with it,
  continue reading

8 episodes

Artwork
iconShare
 
Manage episode 218100910 series 2150449
Content provided by NO BS Retirement Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NO BS Retirement Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
According to Investopedia, a RMD, Required Minimum Distribution is that traditional, SEP or SIMPLE IRA owners and qualified plan participants must begin withdrawing from their retirement accounts by April 1 following the year they reach age 70 1/2. The retiree must they withdraw the RMD amount each subsequent year based on the current RMD calculation. MWA advisor, Alan Mercurio, walks you through the steps of on how to calculate the amount, how to address the ascociated taxes, and that possibly what to do with it,
  continue reading

8 episodes

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