Episode 195: Why You Should Care About RMDs

Every listener should care about RMDs, regardless of your age. If you inherit an IRA, you’ll have a required minimum distribution, even before you reach the age of 72. One thing you always want to avoid are penalties! David gives a breakdown on what to expect with RMDs and how to calculate yours.

 

Here’s what to add to your financial to-do list:

• Everyone should know and care about RMDs. (3:38)
• How do you calculate your RMDs? (6:40)
• Why do the RMDs keep going up? (14:19)

For additional resources or to contact David, visit us online: http://coveryourassetskc.com