RMD Archives - Arnold Mote Wealth Management

Understanding Required Minimum Distributions (RMDs) for Inherited IRAs

Rules for required distributions from inherited IRAs have changed significantly in recent years. For several years, there was uncertainty regarding how recent tax laws, such as the SECURE Act, applied

Secure Act 2.0 – New RMD Ages, 529 to Roth Transfers, Roth Requirements

A new bill has resulted in many changes to retirement planning. RMD ages are changing, 529 accounts may not be rolled into Roth IRAs, you may be required to save

What Can I Do With My RMD If It Is Not Needed?

If you don’t need your RMD (required minimum distribution) to cover ongoing living expenses, you are required to still take it. Here are 3 options that can help you reduce