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Key Strategies for Managing RMD Withdrawals
Manage episode 459745653 series 3561293
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Do you feel overwhelmed by financial jargon and retirement planning? In this episode, Certified Financial Planner Mike Douglas discusses the realities of required minimum distributions (RMDs) and how they affect your retirement funds. He highlights the age requirements, the differences between qualified and non-qualified money, and how to handle your RMDs effectively.
Mike also explores strategies like charitable contributions and Roth conversions to help make the most of withdrawals.
Ready to develop a strategy with your RMDs? Visit MichigansRetirementCoach.com to schedule an appointment with Mike and his team today!
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