Are You Ready? Required Minimum Distribution Follies (Part 1)

This is Part 1 of Minimum Distribution Follies. Part 2 is here.

When you get close to the Required Minimum Distribution age, you need to be ready to know how to calculate what your RMD number is.

The following is my take on all of this. You always should get professional advice. But here goes…

Are you ready for this?
First, you need to know at your birth month. We can assume everyone knows their birth month. The IRS uses Continue reading “Are You Ready? Required Minimum Distribution Follies (Part 1)”