2 Big Changes to RMD’s for 2023
In this video:
The Secure Act 2.0 has resulted in a couple key changes to Required Minimum Distributions (RMD's). Therefore, if you plan to begin your RMD's in the next couple years then this video is for you!
Things to Consider:
The Secure Act 2.0 was singed into law on December 23, 2022. The law covers several changes designed to encourage individuals to save for retirement. Of these changes, many will not begin until 2024. Therefore, you should use this opportunity to learn about the upcoming change and how you will be affected.
Key POints in This Episode:
0:00: Intro
0:24: Two Changes to RMD’s in 2023
1:05: How to Calculate Your RMD’s
3:44: Recap