The Listen to Lawrence Letter: The only thing that is certain is death and taxes

March 20, 2024
March 19, 2024 • Volume 5 Issue 226
The only thing certain is death and taxes…read on:

CLIENT QUESTION:

I am 79 years old and have been satisfying the RMD (required minimum distribution) on my IRAs each year. Is there an age limit when I will not have to satisfy this requirement any longer? Thank you.

MY RESPONSE:

Unfortunately, the only age that you can stop taking out RMDs on your retirement plans is the age of DEAD!

 

I hope this helps!

And, if anyone you know would like to

receive this Listen to Lawrence Letter just

tell them to send their email address to

 info@davidowlaw.com and I’ll add them to the list!

As always, please send me your questions. If you are thinking about it, others are probably too, so my answers will no doubt help you and many others.

 

Let’s stay connected.

Stay safe!

CLICK RIGHT HERE TO SEND A QUESTION TO LAWRENCE