Individuals with Traditional IRA’s are required by the IRS to begin lifetime withdrawals at the age of 70 ½ and from employer sponsored plans at 70 ½ or retirement, whichever is later. There are significant tax ramifications that should be considered when taking these distributions. As we work to develop a retirement income strategy for our clients, we try to ensure that these distributions are timed appropriately to meet income needs and distributed in the most tax efficient manner possible.
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Achieving Success by Working Together
We strive to serve our clients during the financial planning process through deep and meaningful relationships that last for generations.
