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3 RMD Strategies to Reduce Your Tax Burden

Dec 7, 2022

Video Description:

If you're nearing the age to take Required Minimum Distributions, or #RMDs, and you want to avoid the extra income and its tax implications, @Tom with @InternationalFinancial and @erinkennedy break down three strategies to consider. Tom recommends these strategies to help reduce your tax exposure:

  1. Consider taking distributions as early as possible
  2. Roth Conversions
  3. Qualified Charitable Distributions, or #QCDs

Keep in mind, RMDs are income, so taking those distributions can boost your taxable income and your income taxes for the year, which is why strategic #tax planning is so important. If you have any questions about these strategies, or if you'd like to determine if a #Roth Conversion or QCD is right for you, please reach out to Tom for a free consultation by calling 973-394-0623 or by visiting

#RothConversions #TaxPlanning #Retirement

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