New Required Minimum Distribution (RMD) Tables (Video)
The IRS has put new life expectancy tables in place for calculating Required Minimum Distributions, or RMDs, from retirement accounts. The new tables are good news for account holders because they will mean slightly smaller RMDs on account of longer life expectancies.
In this video, our Founder and President, Calvin Goetz, discusses who these changes will affect and the exception to these RMD Table changes. He also discusses Secure Act regulations, Build Back Better Act (BBB), and the Son of SECURE Act that may be coming.
This content is provided for informational purposes only. It is not a guarantee of future success, is subject to change, and is not intended to serve as the basis for an individual’s financial decisions. Investing involves risk, including the loss of principal. Strategy Financial Group does not provide specific legal or tax advice. Please consult with a qualified professional for guidance on your individual situation. Investment advice if offered through Strategy Financial Services, LLC, a Registered Investment Adviser. Insurance and annuity products are offered separately through Strategy Financial Insurance, LLC.