Required Minimum Distributions (RMD’s) can be deferred for the FIRST year after you turn 70 and 1/2 years young. Sounds neat huh…. CAUTION !
Deferring Your First Year RMD Causes a Double Dip
Once you pass, you have no other choice, and not making a decision IS making a decision.
Confused ?? Not to worry, you still have time this year … Well, until 12-31-14 ….. Just give us a call !
Have a Great Day!
John A. Kvale CFA, CFPhttp://www.jkfinancialinc.com http://www.street-cents.com 8222 Douglas Ave # 590 Dallas, TX 75225