SECURE ACT 2.0 - Video #3: Required Minimum Distributions

Are you approaching retirement age? Do you know when you need to start taking your Required Minimum Distributions?

In our three-part series on the SECURE Acts, Lorraine R. Salvo, CFP®, CDFA® Managing Director, Private Wealth Management & Head of Financial Planning, explains some of the key provisions of the Acts and how they may impact you. In our final video in the series, Lorraine delves into complicated changes to Required Minimum Distributions (RMDs), including when you need to withdraw from your retirement accounts and what the penalties are if you don’t take your RMD.