At the age of 70.5 the IRS forces retirees to withdrawal money from their IRA, 401k, SEP, 403b and defined benefit plans, whether they need it or not. For some people this can cause a lot of financial stress in the form of large tax bills. In this interview with Retirement News Today we discuss a way to shelter portions of your IRA fund from required minimum distributions – meaning less taxes to pay.
Denver Nowicz – President, Wealth For Life
✓ Fiduciary: Out clients best interests first
✓ Independent: Access to all strategies
✓ 18 year Adviser: President of Wealth For Life