Required Minimum Distributions (RMDs) can be complicated—but they don’t have to catch you by surprise.

If you have a traditional IRA, 401(k), or similar retirement account and are approaching age 73 or 75, the IRS requires you to start taking annual withdrawals and paying taxes on that income. But exactly when, why, and how much you must withdraw (and from which accounts!) are questions that trip up even seasoned retirees. What about inherited IRAs or donating RMDs to charity for a tax break? There are important rules and smart strategies you need to know.

To take the guesswork out of RMDs, we’ve put together a plain-English guide, "Understanding Required Minimum Distributions." It covers:

• Which accounts require RMDs and who’s affected

• How and when to take your RMD (including special rules for inherited accounts)

• The tax impact—and how to use charitable giving smartly

• Strategies for splitting or automating distributions

• Common pitfalls and how to avoid IRS penalties

Want a free copy?
Just click the link above and I’ll send it straight to your inbox. Let’s make sure your retirement income and tax plan are working for you, not against you.