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REQUIRED MINIMUM DISTRIBUTION RMD AGE 70 and OLDER  Form

REQUIRED MINIMUM DISTRIBUTION RMD AGE 70 and OLDER Form

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in today's video we're going to talk about how to get your required minimum distributions 100 tax-free [Music] hey folks i'm best-selling author david mcknight today we're going to talk about how you with a little bit of planning can get your required minimum distributions 100 percent tax free for starters let's establish that if you have money in any sort of qualified plan such as a 401k ira etc there will come a time when the irs forces you to take that money out it's called a required minimum distribution and it starts at age 72. it begins at 3.65 of your balance and then goes up with each passing year the question is is there any way you can receive that rmd spend it on your lifestyle not pay tax and it has to be legal the answer is with a little bit of planning absolutely to understand how you can get your rmd tax free you have to understand how your deductions work in retirement let me lay a little bit of groundwork by the time you

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