Required Minimum Distributions and How to Plan for These Laws
The Secure Retirement Method Podcast
English - February 10, 2021 05:00 - 29 minutes - 34.4 MB - ★★★★★ - 5 ratingsInvesting Business annuities insurance retirementplanning Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Navigating Medicare Coverage
Next Episode: Approaching Retirement with a Healthy Mindset
On this week’s episode of The Secure Retirement Podcast, we approach the end of our Florida Retirement System series. The information in this episode will be valuable to our viewers nationally, even if you are not a member of the Florida Retirement System, as these laws apply across the country. We address the universal Required Minimum Distributions and offer ways to prepare for them so you aren’t caught by surprise.
John says, “No matter what type of retirement account you have, the day will come when you have to start taking money. And that's called a required minimum distribution.”
We discuss the recent changes with the Secure Act, as well as:
Tax codes on various accounts Penalties for not taking funds when you’re supposed toVerifying your beneficiariesWhich account types are subject to RMDsWhen and why congress amended RMD laws And more