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Can Required Minimum Distributions (RMDs) Cause You to Overwithdraw in Retirement?

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Manage episode 301710417 series 1521440
Content provided by Taylor Schulte, CFP® and Taylor Schulte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Taylor Schulte, CFP® and Taylor Schulte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I’m talking about Required Minimum Distributions (RMDs).

Specifically, I'm sharing:

  • How RMD withdrawal rates can creep up to 12%
  • Why they can cause you to overpay the IRS
  • How to use an RMD-based approach to create retirement income
  • When RMDs can put you at risk of over withdrawing
  • What you can do to reduce your RMD tax bill

If you want to get a quick Masterclass on Required Minimum Distributions (RMDs) and take control of your tax bill, this episode is for you!

👉 Click here to access show notes for this episode

  continue reading

198 episodes

Artwork
iconShare
 
Manage episode 301710417 series 1521440
Content provided by Taylor Schulte, CFP® and Taylor Schulte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Taylor Schulte, CFP® and Taylor Schulte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I’m talking about Required Minimum Distributions (RMDs).

Specifically, I'm sharing:

  • How RMD withdrawal rates can creep up to 12%
  • Why they can cause you to overpay the IRS
  • How to use an RMD-based approach to create retirement income
  • When RMDs can put you at risk of over withdrawing
  • What you can do to reduce your RMD tax bill

If you want to get a quick Masterclass on Required Minimum Distributions (RMDs) and take control of your tax bill, this episode is for you!

👉 Click here to access show notes for this episode

  continue reading

198 episodes

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