Retirees Avoid Costly RMD Mistakes in 2024
The recent modifications to the required minimum distributions (RMDs) from retirement accounts have introduced a layer of complexity and uncertainty, particularly for retirees. Over the past four years, Congress has enacted two significant changes to the RMD regulations, leaving financial advisors with the task of clarifying these changes to their clients. As this tax year approaches its end, there is less than a quarter left, and financial advisors are diligently working to provide clarity and …