Investments

Understanding Required Minimum Distributions (RMDs)

By Modern Wealth Management

December 12, 2018

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When you reach age 73, you must begin to draw funds from your traditional (i.e., non-Roth) Individual Retirement Accounts (IRAs). In general, these required minimum distributions (RMDs) must begin by April 1, of the year following the year you reached age 73.

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Investment advisory services offered through Modern Wealth Management, LLC., an SEC Registered Investment Adviser.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

 

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