Welcome to the latest episode of Best Advice Podcast, brought to you by Security Financial Management. Hosted by Rob Lovaglio and featuring insights from Mitchell Walk.
This episode dives into the intricacies of Required Minimum Distributions (RMDs) and how they impact retirees. At age 73, retirees need to start withdrawing from their tax-deferred IRAs, but what if you don't need the money yet?
Explore strategic options, such as charitable donations, to manage these mandatory withdrawals effectively. Tune in for expert advice to navigate your retirement funds wisely and avoid potential tax penalties.
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