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New RMD Age Of 72 Could Offer Big Tax Savings!

If you are turning 70½ this year and you aren’t too excited about taking your first RMD (required minimum distribution) from your retirement account, guess what? You are in luck! The SECURE Act, which was just signed into law in December of 2019, extended the age that you must start taking those RMDs to age 72. There are several planning opportunities/benefits that now exist because this age has been extended and that's what I'm talking about in today's video. You’ll learn: *How the new RMD age rule will impact your taxes *How the extra time for Roth conversions can save you money *And why your beneficiaries will thank you for planning ahead under this new rule! Schedule your free 15-minute strategy call: https://bit.ly/2y85PTq Thanks for watching! Ashley Micciche, QPFC, CRPC CEO, True North Retirement Advisors https://www.truenorthretirementadviso... ------------------------------------------------------------------------------------ Looking for daily quick retirement tips? Subscribe to my podcast: One Minute Retirement Tip with Ashley | Subscribe on iTunes: https://apple.co/2DI2LSP Music credit: https://www.bensound.com/ #SECUREAct #RMDage #RMDage72 Disclosure: https://truenorthretirementadvisors.c...

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