The Long View cover image

Ed Slott: Tax Planning for 2025 and Beyond

The Long View

00:00

Mastering Required Minimum Distributions

This chapter explores the intricacies of Required Minimum Distributions (RMDs) from IRAs and 401(k) plans, outlining how RMDs function across different account types and their impact on tax brackets. It discusses common pitfalls individuals face regarding RMDs, including penalties and the importance of accurate calculations, while also sharing strategies like converting traditional IRAs to Roth IRAs for optimized tax management. Furthermore, the chapter highlights the advantages of Qualified Charitable Distributions (QCDs) for tax planning and fulfills RMD requirements in a tax-efficient manner.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app