Demystifying Required Minimum Distributions (RMDs): A Comprehensive Guide | Liberty Group

Ready to shield more of your retirement savings from taxes? Join Matt del Junco, Senior Wealth Advisor and President of Financial Planning at Liberty Group, as he dives into the world of required minimum distributions (RMDs). Understanding these rules can potentially save you thousands in taxes and help provide more stability to your retirement plan.

00:28 - Introduction to RMDs: Learn when RMDs start, how they're calculated, and the key rules that impact your retirement accounts like IRAs and 401(k)s.

01:00 - RMD Rules & Regulations: Understand the mandatory withdrawal requirements, penalties for non-compliance, and how these rules vary by birth year.

02:24 - Strategies to Minimize Tax Impact: Discover ways to reduce the tax burden of RMDs, including Roth IRA conversions, qualified charitable distributions (QCDs), and more.

04:01 - RMDs and Estate Planning: Explore how RMDs affect your estate and legacy, and how smart planning can help optimize wealth transfer to your heirs.

RMDs are more than just a requirement—they’re an opportunity to refine your retirement strategy. By planning ahead, you can help minimize taxes, protect your assets, and better align your withdrawals with your financial goals.

LWM advisory clients agree to pay an asset-based advisory fee calculated according to the indicated schedule:  

$0 – 1,000,000 - 1.25%  
$1,000,001 – 3,000,000 - 1%  
$3,000,001 – 5,000,000 - 0.85%  
$5,000,001 – 10,000,000 - 0.80%  
$10,000,001 – 25,000,000 - 0.70%  
$25,000,001 – 50,000,000 - 0.40%  
Above $50,000,001 - 0.30% 

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