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Understanding RMDs: A Guide For Retirees & The Soon-to-Retire
Manage episode 380262674 series 3485869
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Are you over 55 and pondering retirement? Dive into the world of Required Minimum Distributions (RMDs) with us. In this episode, we demystify the reasons behind mandatory withdrawals from your retirement savings.
Here are a few of the things you’ll learn in this episode:
- What are RMDs and why are we required to take this money out?
- Is there any way to avoid taking RMDs?
- What are the biggest risks you face by not planning in advance?
- If you don’t need the money for income, what else can you do with your withdrawals?
Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy
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