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Many retirees want to let their savings continue to grow untouched, but the IRS has other plans. In this video, we explain how Required Minimum Distributions (RMDs) work, why they can create unwanted tax bills, and how thoughtful planning can help you reduce or even avoid them through Roth strategies.
00:10 Introduction to retirement account withdrawals
00:27 IRS claim on tax-deferred accounts
00:45 RMD requirement at age 72
01:08 Initial withdrawal percentage requirements
01:24 Age-based percentage increases
01:34 Roth accounts as RMD alternative
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