{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dentists, Puns, and Money","title":"Frequently Asked Questions About Required Minimum Distributions","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/72380b8d\"></iframe>","width":"100%","height":180,"duration":1194,"description":"Dentists often defer clinical and owner income into a 401(k), Profit Sharing Plan, or IRA during their peak practice years.\nThat's often a wise strategy to lower a dentist's lifetime tax bill.\nBut the IRS won't let a dentist avoid that tax bill forever. That's why its implemented something called Required Minimum Distributions beginning at a certain age.\nIf a dentist wants to play the long-term tax game to the best of their ability, it's critical they understand all the rules associated with RMD's.\nIn this episode Dentists, Puns, & Money, Shawn Terrell shares the 8 Most Frequently Asked Questions related to Required Minimum Distributions. \nListen to learn more about: \n \nThe age at which RMD's begin. \n \nHow to calculate your RMD.\n \nThe penalty for NOT taking an RMD. \n\nFind out more about how our firm helps dentists exiting clinical with tax planning and income optimization by visiting our website, which is dentistexit.com.\n\n-------------------------------\nTo download a free copy of the 2023 Tax Reference Guide, click here. \n\n\n-----------------------------------\nDentist Exit Planning Resources:\nWebsite: dentistexit.com\nSchedule a Discovery Meeting with Shawn\nSign-Up for Dentist Exit Email Newsletter\n------------------------------------\nFollow Dentist Exit on Social Media:\nFacebook Group for Dentists\nInstagram\nLinkedIn","thumbnail_url":"https://img.transistorcdn.com/n5PBTFFGHUPKSpy_q0N4BuboFA2fQUQBO0CupN679qc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE0MTU3LzE2NDcy/NjkzNzktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}