Three Reasons to Take Your RMDs Now

While older Americans are, by law, required to take regular minimum distributions (RMDs) from their retirement savings accounts, several new laws have postponed those RMDs over the last year and future legislation may lower their mandatory amount. Given this knowledge, should advisors encourage their clients to take RMDs at all, and if so, when and how?

Steve Parrish, Co-Director of The College’s Center for Retirement Income, says a few key factors should influence decisions about RMDs. Read on for more in his latest column from Forbes.

Invest in your career with a professional designation.

Baby Boomers are retiring at an unprecedented rate, meaning that more and more Americans are facing the challenge of using their investments to maintain their quality of life. For them, the usual investment advice no longer applies. They need the unique strategies you can learn through the three-course Retirement Income Certified Professional® (RICP®) designation program. Help your clients thrive while growing your career.

Learn More