Tag Archives | RMDs
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Retirement Playbook: How Portfolios Can Bounce Back From Down Markets

It’s easy to get caught up in discouraging economic news, and lose sight of your long-term financial roadmap. That’s why Mari was glad to have a conversation with veteran financial journalist Gail MarksJarvis, writing for Barron’s, about how retirees can stay on track by taking positive steps to protect their portfolios in times of turbulent […]

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Breaking News: IRA Withdrawals Are OPTIONAL For 2020

We’re calling clients to get the word out. Required Minimum Distributions (RMDs), those IRA and retirement withdrawals you’re required to take once you turn age 72 (formerly 70½), are now optional for 2020. It’s the government’s way of letting your IRA and retirement accounts recover and catch their breath from the COVID-19 crisis. We discussed […]

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2 Big Changes To IRAs You Need To Know About Right Now

You may have read that the SECURE Act made important changes to IRAs and other retirement accounts just a few days before year-end. But few people understand exactly how the changes will impact their IRA contributions and withdrawals in 2020, and which of those important changes take effect as of January 1, 2020. There’s a lot […]

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Capital Retirement

BREAKING NEWS: Big IRA Overhaul Expected This Weekend

A major IRA, 401(k), and retirement overhaul is expected this weekend, catching almost everyone in the financial and retirement affairs community by surprise. After months of inaction, Washington insiders expect Congress to pass the long-delayed SECURE Act. Retirees could see a total revamp of IRA and Required Minimum Distributions rules, some positive, some definitely negative. […]

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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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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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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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