Walkner Condon Financial Advisors

In this video, we break down strategies to make Required Minimum Distributions (RMDs) less overwhelming and more tax-efficient. If you're approaching retirement or already retired, understanding RMD rules, age requirements, and the impact on your tax bracket is essential. We cover everything from the basics of RMDs to advanced strategies for minimizing tax implications and preserving wealth. Here's what you'll learn: *What Are RMDs and Why They Matter: Get a clear understanding of Required Minimum Distributions and why they're mandated. *Current RMD Age Requirements: Learn how the Secure Act 2.0 has updated RMD ages, including options for reducing taxable income through strategies like Roth conversions. *Qualified Charitable Distributions (QCDs): How to donate your RMD directly to charity, avoiding taxes and supporting causes you care about. *The Tax Implications of RMDs: Understand how large RMDs can push you into higher tax brackets and how to plan for it. *Tax Diversification and Asset Location: Why bala