Grappling With Lower Required Minimum Distributions (RMDs)

Woe are the retirees reliant on ever-increasing required minimum distributions (RMDs) to support them. Stock market gains for 2019, 2020, and 2021 generated big increases in RMDs. Stocks dropped a lot in 2022 resulting in lower RMDs this year, tantamount to a pay cut; with inflation’s rise this created a financial double whammy.  For those […]