Episode notes
Retirement is more than just the end of your working years—it's the beginning of a new financial journey. In this episode, we unpack the critical changes that occur with your retirement accounts once you step into retirement.
Join us as we explore:
- Distribution Options: Should you take a lump-sum payment, set up periodic withdrawals, convert your savings into an annuity, or roll over into an IRA? We break down each option to help you understand what's best for your situation.
- Required Minimum Distributions (RMDs): Turning 73 comes with new rules. Learn how RMDs affect your traditional retirement accounts and the penalties for not complying.
- Tax Implications: Discover how withdrawals from traditional and Roth accounts impact your taxes and strategies to manage your ...
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