The end of the year is fast approaching and if you are 70½ you only have some time left to take your required minimum distribution (RMD) from your retirement account(s). That is, if you want to avoid a penalty. You generally have to start taking minimum distribution withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 70½. Click here for more detailed information.

Of course, our clients do not ever have to worry about this. We take care of this for them as part of their financial planning services.

Contact us to learn more about our services.