Don’t Forget – Required Minimum Distributions Are Due by 12/31/17!
The CFP® pro tip of the week: RMD DUE DATE – If you’re over 70½ Uncle Sam wants his money by 12/31/17 on your qualified accounts. Keep in mind that all IRAs can be aggregated into one amount and you do not need to take a RMD from each, but 401(k)s and other qualified plans are treated differently. If you haven’t reviewed consolidating your IRAs, 401(k)s or other qualified accounts, now may be a good time!
