What you need to know about RMDs, the new tax bill and their effect on Social Security:

What makes age 72 so significant? Starting the year you turn age 72, federal rules require you to begin taking withdrawals from your tax-deferred retirement accounts, including traditional IRAs and your 401(k). These are known as Required Minimum Distributions or RMDs.

You spent decades saving for retirement. If you’re at or near retirement age, you’ll soon have to pay taxes on your IRAs and other tax-deferred savings accounts. Taxes on RMDs can be a significant financial burden unless you know how to protect yourself. Learn simple strategies that could save you thousands in this informational workshop.

This is an important and timely event, and seating is limited for the comfort of our guests. Please join your host, Steven Wise of Beacon Associates, for this informative financial event.

Topics covered:

• How to calculate your RMD amount and the tax liability
• If your beneficiaries are set up for maximum tax efficiency
• Strategies retirees should consider when they do not need their RMDs
• If your asset allocation and withdrawal strategies are appropriate for RMDs
• When you must take your RMDs and if there are any exceptions
• How they can impact your assets, taxes and Social Security benefits

Seating is limited so call today.

There is no cost or obligation, but reservations are required to attend.

Please call 419.482.0280 to reserve your seat!