Tag Archives | RMDs
Capital Retirement

Changes To Your IRA On The Way? Not All Of Them Are Good

If it’s up to the Congress, there may be some major changes to your IRA before the end of the year. And not all the changes are good. The House has passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act. It’s now up to the Senate to consider the bill, which has been […]

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Today’s Savings Tidbit: On The Job After Age 70? You Can Still Do Wonders!

We have more than a few clients who are still on the job after age 70. Many of them are business owners, and they love what they do. Some intend to stick around until they ultimately sell the business or transition it to the next generation of owners. Most of these business pioneers are well […]

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money from heaven + umbrella

What to Do When You Don’t Need Your RMD

If you’ve got an IRA, you already know the drill. Once you reach age 70 ½, you have to start withdrawing money each year. It’s called your Required Minimum Distribution or RMD. (As a service for our clients, we calculate and oversee the distribution process to ensure they never get hit with those nasty 50% penalties […]

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IRA Withdrawal Symptoms: 6 Quick Things You Should Know About Required Minimum Distributions

October is the month we officially kick off the Required Minimum Distribution (or RMD) process for most our clients. First of all, what’s the RMD? The Required Minimum Distribution is the withdrawal the IRS requires you to take from your IRAs and other retirement accounts once you’ve reached 70 1/2. (As always, a few exceptions apply, so […]

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uncle sam

Five Things You Need To Know About Your IRA’s “Required Minimum Distribution”

It’s the kind of subject that makes most people’s eyes glaze over. But those pesky little “required minimum distributions,” or RMDs, aren’t really that complicated, and they are truly of critical importance.  Mess one up and the IRS will charge you a whopping 50% penalty. Here’s five things you really ought to know about your RMDs. 1.  What are they? […]

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