Join Jeff and Steve on the Wealth Roadmap Podcast as we unravel the mysteries of Required Minimum Distributions (RMDs) in plain language. In this episode, we cover everything you need to know about RMDs:- Which retirement accounts need RMDs?
- What happens if you miss your RMD?
- Can you reinvest your RMD?
- Strategies for managing RMDs.
- When do you start taking RMDs?
- How do you calculate RMDs?
- Dealing with RMDs across multiple accounts.
- Can you delay your first RMD?
- Impact of RMDs on Roth 401(k)s.
- How to estimate your future RMDs.But that's not all. Understanding RMDs is crucial for ensuring your retirement plan stays on track. We break down complex concepts into bite-sized pieces, providing actionable strategies to help you navigate the RMD landscape with confidence. Whether you're a seasoned retiree or just starting to plan for your golden years, this episode is packed with invaluable insights to optimize your retirement strategy.Don't let RMDs catch you off guard. Tune in to the Wealth Roadmap Podcast and gain the knowledge you need to master Required Minimum Distributions and secure your financial future in retirement.
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