Can I Avoid Taking My RMD After Reaching My Required Beginning Date (RBD)?

Already a Member? Login

GUIDES

All Guides

The rules surrounding RMDs (Required Minimum Distribution) are complicated and often require a few conversations with clients to help them understand the issues that must be considered.

To help make this easier, we have created the “Can I Avoid Taking My RMD After Reaching My Required Beginning Date (RBD)?” flowchart. This flowchart addresses common questions about RMDs for clients that have reached RMD age, including:

What to do if a client forgot to take an RMD
How the RMD is calculated
How to handle multiple retirement accounts
Which RMDs can be combined and which ones can not
Considerations if the client is still working or a business owner

Become a Member

View Sample

Related Guides

What Issues Should I Consider Before I Retire?

Category: Retirement / Decumulation, General, Life Events

Should I Inherit My Deceased Spouse’s Traditional IRA?

Category: Retirement / Decumulation, Estate Planning, Assets and Investment Planning

Will A Distribution From My Roth IRA Be Tax & Penalty-Free?

Category: Retirement / Decumulation

Will A Distribution From My Traditional IRA Be Penalty-Free?

Category: Retirement / Decumulation, Tax Planning, Assets and Investment Planning

Will The Distribution From My HSA Be Tax And Penalty-Free?

Category: Retirement / Decumulation, Assets and Investment Planning

Getting Your Referral Stats

“The flowcharts have helped a lot in recent discussions with the changing markets, providing us with confidence that our clients are getting the best, most accurate information.”

— Matthew, an advisor in Georgia

“With working from home most of 2020, we wanted to still catch some face time with our clients. We used the checklists and flowcharts to conduct webinars covering various topics. In fact, having the charts readily available, we were able to do many of these on a weekly basis, knowing the material was pretty much already established. We had such great feedback that we are continuing the webinars into 2021. We have many that actually look forward to our meeting times, and found being able to have the flowchart or checklist available to work on their own later was an added bonus.”

— An advisor in Texas

“I love the flowcharts and have found them very helpful in guiding clients on complicated planning issues. The charts are easy to follow and help navigate through difficult decisions based on clients' unique circumstances.”

— Jason, an advisor in Illinois

“Love the Redtail integration - it’s been instrumental in my prep for my client reviews. I’m finding my self being over-prepared because of the robust lists which is great.”

— Don, and advisor in California

“You are making all of our lives easier...and more importantly, our clients.”

— Jeff, an advisor in California

“fpPathfinder is a great tool! It mirrors much of what I've developed on my own for tax planning, life events, etc. However, it's been great to double-check my own work in those areas and also to motivate me to deepen my knowledge on other topics”

— Jonathan, an advisor in Colorado

“It’s brilliant to boil complex planning strategies into a one-page flowchart. It totally beats having to read 4 -5 articles to understand each nuance and exception, especially on the tax issues.”

— Meghan, an advisor in Georgia

Congrats!

Welcome Aboard!

Account Set-up

Tailor Your Experience

Congrats!