Required Minimum Distribution (RMD) Tables скачать в хорошем качестве

Required Minimum Distribution (RMD) Tables

Required Minimum Distributions(RMDs) are mandated for ANYONE who has a tax deferred retirement account, be it a 401k, 403B, IRA, TSP etc. If you neglect to take your RMDs you will be hit with a 50% penalty on what you neglected to take out and you STILL have to pay tax on the RMD amount! So, you don't want to do this. However, understanding RMDs is a bit of a challenge. In the IRS Publication 590 there are a couple different tables to choose from. Which one do you use? In this video I show you exactly the tables most people are going to need in order to calculate their RMDs. And I also show you HOW to do the calculation as well. Just remember, if you are taking an RMD you most likely are going to need to use Table III. If you are a beneficiary of an IRA, you are going to want to use Table 1. If you inherit an account, you'll want to use Table 1. \ Now, table II is confusing because it's for spouses who are the sole beneficiary's of an account who are more than 10 years younger than the deceased. In my experience few spouses will use this table simply because it's typically much more advantageous to simply roll the IRA over to your own. However, if you are the sole spouse, 10 years younger than the deceased AND under 59.5 I caution you before simply rolling the account over to one in your name. Death is one of the few allowable distribution options that does not have a 10% penalty. Thus if you roll the IRA over to your own, you sacrifice the ability to take distributions penalty free if you are under 59.5. (Yes it's confusing as heck. I'll do another video on this as a standalone topic.) Finally, be advised, if your surviving spouse is of a similar age to you and inherits your IRA he/she will still have similar Required Minimum Distributions BUT he/she will not have the benefit of your standard deduction and thus will pay more in tax on that same RMD. It's a nasty situation. But one you can avoid by taking MORE than the Required Minimum to fully use your two Standard Deductions while you both are alive. As always visit www.heritagewealthplanning.com for more financial guidance. ================================= If you like what you see, a thumbs up helps A LOT. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here:    / @heritagewealthplanning   GET MY BOOK: Strategic Money Planning: 8 Easy Ways To Put Your House In Order It's FREE if you're a Kindle Unlimited Subscriber! https://amzn.to/2wKGi50 GET ALL MY LATEST BLOGPOSTS: http://heritagewealthplanning.com/blog/ PODCAST: https://itunes.apple.com/us/podcast/j... LET'S SOCIALIZE! Facebook:   / heritagewealthplanning   Linkedin:   / joshscandlen   Quora: https://www.quora.com/profile/Josh-Sc... Google +: https://plus.google.com/u/1/108893802...