Do You Have to Take Your Required Minimum Distribution
Video Transcript:
Do You Have to Take Your Required Minimum Distribution?
You might be thinking, “Since I don’t need the required minimum distribution from my retirement accounts in order to live on, can’t I just leave it in my retirement account?” If you do not withdraw the required minimum distributions, the IRS will impose a penalty of 50%. Further, after imposing the penalty, you are still required to make the withdrawal. You must make the withdrawals so that you can pay taxes to the government. The remainder of the withdrawal after taxes can be invested with the goal of building wealth outside your IRA.
Let’s discuss strategies to help you invest money both inside and outside of your IRA. Give us a call today.
To find out more about how to use videos like this to attract your ideal client through digital marketing on the internet, click here.
[tagcloud]
Financial Advisors,
On this Exclusive Live Webcast
You Will Discover…
- How to Turn Current Clients into Raving Fans
- How to Speed Up the Pace of Your Referrals
- How to Multiply Your Results through the Internet Effortlessly
Grab Your Seat Now
Get Your Free Book
When You Register for
Our Upcoming Webcast
(Download a copy or have a paperback copy shipped to you)
JILL ADDISON
Founder, FA Client Machine
Author, 7 Steps to Video Marketing Success
Co-Creator, Turnkey Video System
Digital Marketing Expert.
Video Specialist.
Retired World Traveler (24 countries).
Philanthropist.
Future Real Estate Queen.
Devoted Wife.
Learner.
JAMES STEWART, CFP®
Co-Creator, Turnkey Video System
Certified Financial Planner ® (30+ years)
Internet Marketing Expert.
Social Security Workshop Presenter.
Dog-lover/Breeder.
Husband, Father, Grandfather.
