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Do You Know What an RMD is and if Concerns You?

Loftus Wealth Strategies
December 15, 2015

First what is RMD? It stands for Required Minimum Distribution. After all those years of growing your IRA or other retirement account the government is looking to get some of those tax dollars. So in order to achieve this, they force you to take distributions from your retirement accounts. Although we do get asked all the time, can we avoid this? No unfortunately we cannot.  Call us at 302-251-8901 for a complimentary review of your portfolio or if you have questions concerning your IRA and RMD's.  Located just over the inlet bridge!