[Series 65] 55, Required Minimum Distributions

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:
- The specific RMD age requirements based on birth year as set by the SECURE 2.0 Act.
- How to calculate an RMD using the prior year-end balance and the IRS life expectancy factor.
- The rules for a client's first RMD, including the April 1st deadline and the trap of taking two distributions in one year.
- The 10-year rule for most beneficiaries of inherited IRAs and how it works.
- The updated penalty for a missed RMD and how it can be reduced from 25% to 10%.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

Видео [Series 65] 55, Required Minimum Distributions канала Open Exam Prep