RMDs: An IRS Change is Making Them Smaller in 2022

The way you calculate your required minimum distribution just changed, and if you don’t need the money for living expenses, that could be good news for you. Here’s why.

Making a decision regarding your required minimum distribution (RMD) may seem like a tall order, but this article by Kiplinger helps to alleviate some of the hassle.

 

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Source Article: https://www.kiplinger.com/retirement/retirement-plans/required-minimum-distributions-rmds/604174/rmds-an-irs-change-is-making

Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Gregory Ricks & Associates is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1212789 – 2/22