Senior Spirit July 2019

Monthly newsletter from the society of Certified Senior Advisors

http://blog.csa.us/2019/06/RMDs.html

Understanding RMD Withdrawals

Tax-deferred retirement accounts are a great place to tuck away money for your later years. Your dollars can grow without having to pay Uncle Sam, and the power of compounding works to your advantage. But don’t forget that the tax man cometh, and the IRS will be looking for its share of your retirement pot once you turn 70 1/2.