Required Minimum Distributions
Heads Up! RMD time is here for 2025
Many retirees have multiple deferred income accounts — 401(k)s, IRAs, etc. — and, as a result, the December 31 deadline for required minimum distributions requires careful planning. While it sounds like it should be a simple scheduling matter, it can…
Considering Income Tax Rates in Retirement
Many of us have looked to retirement as a time when we become free–well, more free–of the federal income tax burden we carried during our working years. For many retirees, that is the case, But for higher earners and those…
Understanding RMDs and the Impact on Retirement Financial Planning
For many folks, it’s that time of the year when the issue of required minimum distributions (RMDs) from tax-preferred retirement savings plans (IRAs, 401ks, etc.). One consistent word of advice from financial planners, of course, is DO NOT FORGET to…