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Required Minimum Distributions AKA RMD's Explained: Ep 23
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Hey Rich Girls, Kirby here - RMD’s, which stand for Required Minimum Distributions, are an elusive topic for those nearing retirement - until you actually have to start taking them. So what are they, when do you need to start taking them & is there a way to AVOID them?
**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**
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ARTICLES MENTIONED:
RMD’s: https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs
Uniform Life Table: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/UniformLifetimeTable.pdf
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