What Is RMD and How to Calculate It?

When you reach a certain age, you are required to withdraw money from your retirement accounts, known as Required Minimum Distribution (RMD). Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit https://www.korhorn.com/ or call 574-247-5898. Find more information about the Wise Money Show™ at https://www.korhorn.com/wise-money-show. LINKS: https://www.irs.gov/retirement-plans/.... Be sure to stay up to date by following us! Facebook -   / wisemoneyshow   ​ Instagram -   / thewisemoneyshow   Twitter -   / wisemoneyshow   ​ Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog ​ Listen on Podcast: https://link.chtbl.com/WiseMoney ​ Subscribe on YouTube:    / wisemoneyshow   Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.