If you have tax-deferred retirement accounts, you’ll need to take required minimum distributions (RMDs) eventually. This amount is usually taken annually, quarterly, or monthly. But which makes the most sense? Learn more here.
Consulting a fiduciary financial advisor can help when considering RMDs and the potential tax repercussions. Pro tip: Try SmartAsset’s free quiz to get matched with up to three vetted financial advisors serving your area, who can help you plan to work toward a comfortable retirement.
