Your Money & Your Life Podcast

Your Money & Your Life Podcast header image 1

RMDs: Are You Billy Or Are You Bruce?

January 23, 2020

Feeling confused about what the SECURE Act means for you and your RMDs? Don will talk you through what you need to know and help you figure out whether you’ll need to take RMDs sooner or later.

 

Show notes and additional resources: https://doncashpodcast.com/podcast/rmds-are-you-billy-or-are-you-bruce/ 

 

Today's rundown: 

1:38 - The SECURE Act is making people feel insecure about their RMDs.

2:57 - Are you more like Billy Joel or like Bruce Springsteen?

7:44 - How does Don help clients navigate these changes?

10:08 - Cash Connection Question: Can you explain the widow’s tax?

13:41 - Is there anything that can be done ahead of time to prepare for this tax?

17:02 - Getting to Know You: How does Don start the day?