Cracking RMDs: Your Roadmap to Retirement Security

Required Minimum Distributions (RMDs) are critical to retirement planning but often seem complex. Understanding RMDs is essential for retirees to navigate tax implications and ensure their financial security in retirement. This CPE Course aims to demystify RMDs, clarifying what they are, how they work, and the strategies to optimize them. This CPE Course, led by Steve Abramson, will comprehensively cover all aspects of Required Minimum Distributions, including changes made by The SECURE Act and SECURE 2.0. IRC §401(a)(9), only seven pages, has generated extensive IRS guidelines in Revenue Rulings, Notices, and periodic legislation. The course will provide practical examples of various circumstances when RMDs are required, including the naming of beneficiaries, the newly defined Eligible Designated Beneficiary (EDBs), and the new ten-year rule. For any financial advisor or CPA, this course is essential in effectively advising clients to be sure they comply with all applicable laws and regulations. Key topics covered: General Rule: IRC 401(a)(9) Definitions: Qualified Trust, Entire Interest Required Beginning Date: Applicable Age Eligible Designated Beneficiary Distribution Examples Join this CE Course to demystify Required Minimum Distributions (RMDs), understand their complexities, and optimize strategies for enhanced retirement planning and financial security.