Simply Financial With Christopher Calandra

Season 2 - Episode 36: Exciting World of Required Minimum Distributions

Episode Summary

Chris explains what a Required Minimum Distribution (RMD) is and how it works.

Episode Notes

Topics include:

• What are RMD's-Retirement Accounts?
• First distribution rules, how are RMDs calculated?
• Are there penalties? 
• How is formula applied to multiple accounts? 
• Options for the proceeds

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