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

[Checklists and Flow Charts] - Can I Avoid Taking My RMD After Reaching My Required Beginning Date? | The Retirement Planning Group

The rules surrounding RMDs are complicated and often require a few conversations with an advisor to 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?” flowchart.

This flowchart addresses common questions about RMDs if you have reached RMD age including:

  • What to do if you 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 you are still working or a business owner