Understanding Required Minimum Distributions | XML Financial Group | Market Commentary

In this week’s video, Curtis Congdon, President of XML Financial Group, breaks down required minimum distributions (RMDs), starting with an explanation of what they are and how they apply to pre-tax retirement accounts. He then walks through the IRS Uniform Lifetime Table, highlighting how distribution periods and minimum withdrawal percentages change with age. Finally, he covers key planning considerations, including penalties for missed RMDs, and strategies for those who may not need the income, such as Qualified Charitable Distributions (QCDs) and partial Roth conversions.

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Видео Understanding Required Minimum Distributions | XML Financial Group | Market Commentary канала XML Financial Group