Everything You Need to Know About RMDs Required Minimum Distributions

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Required Minimum Distributions work differently depending on the type of account. How can you most effectively plan for them? • Today we're talking through everything you need to know about RMDs so you can understand their nuances and create a plan to best address them. • Questions Answered: • At what age do you need to take an RMD? • What accounts do you have to take an RMD on? • Learn the tips strategies to get the most out of life with your money. • Get started today → https://www.rootfinancialpartners.com/ • Subscribe to be notified for future videos: / @rootfp • _ _ • For more resources and content, check us out below! • 🔔 Subscribe to our channel to learn more about all things portfolio management / @rootfp • 🎧 Listen to our podcast http://readyforretirement.co/ • 🧑‍💻 Visit our website https://www.rootfinancialpartners.com to learn more about us • 👥 Connect with us on Facebook / rootfinancialpartners • 📷 Connect with us on Instagram / rootfinancialpartners • 🔗 Follow us on LinkedIn / 18347030 • _ _ • ⏱Timestamps:⏱ • 0:00 Intro • 2:59 At what age do you need to take out an RMD? • 4:19 How much is the RMD going to be? • 7:40 What accounts do you have to take an RMD on? • 9:25 Basic rules • 11:26 Spouse and non-spouse inherited IRAs • 16:11 Extra benefit • 20:07 Exceptions to the rules • 23:54 Keep this in mind • 25:55 Example • 32:26 Outro • Other videos we think you'll like: • About Root: • Financial advisors with heart. • Worried about retirement? Start here: • Worried About Retirement..Start With ...

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