We know IRAs come with their own set of rules–minimum age for withdrawals, required minimum distributions after a certain age, taxes, and penalties to enforce them. But what happens when…
Tag: RMD
QLAC--Part of My Plan?
Recently, the IRS made a change to the rule book, and decided to allow QLACs to be a part of your IRAs. So what is a QLAC and what does…
Do You Understand RMD's?
What Are RMD’s? Required minimum distributions are money the government makes you take out of your IRA after you turn age 70 ½. (more…)