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Show Notes
IRAs and Roth IRAs - what are the rules if you need to withdraw money? How do you set one up? What’s the difference between the 2 anyway? What about an inherited IRA or RMDs?
- What about the new rules concerning RMDs – required minimum distributions?
- Why do we have RMDs?
- Who takes them?
- When do you have to take them?
- Is there a special time of the year to take them?
- What can you do or what can you NOT do with the funds?
Calls:
- RMD to a charity
- inherited IRA
- what to do with an old employers 401K
- SIMPLE IRAs: Savings Incentive Match PLan for Employees
- difference between IRA and 401K RMD
- limit to contributions
- how kids learn money skills http://moneytalks.mpbonline.org/episodes/money-talks-kids-learning https://mscee.org/
- money and taxes
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