Financial Planning at its B.E.S.T.

Day: July 15, 2020

Powerful Tax-Saving Strategy if You Stopped RMD in 2020

By Brad Tinnon / July 15, 2020 October 30, 2020

The CARES Act provided retirees with the ability to waive Required Minimum Distributions (RMD) for 2020. Those who did this may have a very attractive tax strategy available to them. Read on to learn more. RMD is the process where the IRS requires you to begin taking withdrawals from your IRA, 401k, or 403b if …

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Powerful Tax-Saving Strategy if You Stopped RMD in 2020

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