Recently, the SECURE act pushed back the age of required minimum distributions (RMDs) to age 72. This gives our clients some flexibility if they do not need to draw income from of their retirement plans.
When you turn 72, how much do you need to take and from what account? We help our clients calculate what amount they need to take, as well as, guide them on which account the withdrawal should come out of.
There are strict financial penalties in place if you do not take the proper RMD, let us help you to make sure you steer clear of those penalties.