6 Things You Must Know About Required Minimum Distributions (RMD’s)
Written by Danette Lowe, CFP® When it comes to retirement accounts, many investors often fail to think about required minimum distributions, or RMDs. RMD’s are the amounts you must withdraw from your IRA or Retirement Account once you reach 70 1⁄2. An oversight in withdrawing can lead to unnecessary tax burdens and other financial issues.…