Money Wisdom: FAQ’s about RMD’s

Money Wisdom

NEW HAVEN, Conn. (WTNH) — CT Style Reporter Natasha Lubczenko, welcomes “Money Wisdom” sponsored by Johnson Brunetti. 

Joining us is Eric Hogarth, Certified Financial Planner and Johnson Brunetti Partner.

Many people get confused over Required Minimum Distributions. Some of the rules changed last year on RMD’s as well. Here are some of the frequently asked questions when it comes to RMD’s.

  1. What types of retirement accounts require an RMD?
  2. How do I avoid paying tax on my RMD?
  3. How much tax should I withhold from my RMD?
  4. What happens if you do not take the RMD?

Today’s free offer: The Money Map

To learn more Money Wisdom tips, click here.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss

More Don't Miss

CT Style Content Disclaimer

The information, advice and answers displayed in the CT Style section of are those of individual sponsors and guests and not WTNH-TV/Nexstar Media Group, Inc. presents this content on behalf of each participating CT Style sponsor.