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Replacing RMD with QCD

Replacing RMD With QCD

The Secure Act 2.0, signed into law by President Biden in December of 2022, brought change to RMDs. RMD (Required Minimum Distribution) is the minimum amount investors must withdraw annually from their IRA, SEP, SIMPLE, or 403(b). Roth IRAs are not subject to RMDs. With SECURE Act 2.0, the beginning age for RMD was raised […]



This post first appeared on Wealthtender, please read the originial post: here

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Replacing RMD with QCD

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