{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Dentists, Puns, and Money","title":"Tax-Saving Strategies with Required Minimum Distributions","html":"","width":"100%","height":180,"duration":992,"description":"It's common for dentists to defer clinical and dental practice owner income into a 401(k), Profit Sharing Plan, or IRA during their peak earning 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. Required Minimum Distributions begin 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 develop a strategy for RMD's well before they become mandated.\nIn this episode Dentists, Puns, & Money, Shawn Terrell shares some strategies associated with Required Minimum Distributions. \nListen to learn more about: \n \nThe benefits of planning and formulating RMD strategies.\n \nThe downsides of being reactive instead of proactive with deferred tax accounts.\n \nHow to think about the time window for executing RMD strategies. \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}