Perspectives from the Path
RMD Deadline is Approaching - Don’t Be Penalized!
Don’t forget to take your 2021 RMDs before year-end! Once you reach age 72, you must start taking withdrawals from your traditional retirement accounts to avoid tax penalties.
2 tax-efficient & strategic ways that may help you use/avoid RMDs in the future include:
+ Roth Conversions
+ Qualified Charitable Distributions (QCDs)