{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Freedom for Retirement™","title":"Required Minimum Distributions (RMDs): Plan Ahead, Pay Less","html":"","width":"100%","height":180,"duration":851,"description":"Your required minimum distribution isn't one fixed age or one fixed amount. It depends on the year you were born, the accounts you hold, and the moves you make in the years before it ever begins. \nHandled late, an RMD can push you into a higher tax bracket and raise your Medicare premiums two years later. Handled early, it's a number you've already managed down. Josh Duncan, Partner at F5 Financial Planning, walks through the difference. \nThis episode covers: Why your birth year, not a single fixed number, sets the age your RMDs beginHow the first-year option to delay until April 1 can stack two distributions onto one tax returnWhat a missed or short RMD costs, and how Form 5329 can reduce or waive the penaltyWhen a Roth conversion in a lower-income year permanently removes dollars from your future RMDWhether a qualified charitable distribution can satisfy your RMD without adding to your taxable incomePlan for RMDs a few years ahead and they become one more line item you've already accounted for, instead of a bill that shows up unannounced. \n🎥 More on Roth conversions: https://www.youtube.com/watch?v=Y7suIjH8-Rk\n👉 Work with us at https://www.f5fp.com\nAbout F5 Financial Planning:\nAt F5 Financial Planning, we help individuals and families align their finances with what matters most so they can live lives of Freedom and Significance. We are a fee-only, fiduciary financial planning and investment management firm, meaning we don’t earn commissions or sell products — our only commitment is to our clients’ best interests. We provide comprehensive financial planning, investment management, tax-efficient strategies, and retirement planning for families, corporate executives, and entrepreneurs. Our team serves clients nationwide through virtual meetings and from offices in Illinois, Georgia and Florida.\nAt F5, our goal is simple: to help you gain confidence, clarity, and control over your financial future so you can focus on the people and passions that matter most. \nVisit...","thumbnail_url":"https://img.transistorcdn.com/OMhHymyiKvGNkP8t54gkQ7TzI2XINLOZKfM_8kC6oG8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zMmQ1/YjllNTViYjQxODFh/ZjM5NjgyZDFmMzkx/MDYyNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}