ARE YOU ON 100% SURE YOU'RE GETTING EVERTHING YOU'VE EARNED FROM SOCIAL SECURITY, AND YOUR RETIREMENT INCOME?
As Planning Specialists
We help people with...
Social Security Maximization
Maximizing Retirement Income all Sources
Social-Security-Like Income Annuity Plans
Replacing lost Social Security Survivor Income
Tax-Free Rollovers of 401k's 403b's & IRA's
Insurance, Life, Long-Term Care, Final Expense
Estate Planning, ILIT's, Wills, Trusts, POA's
Survivor's Guides, Quality of Life Directive's
Beneficiary Liquidity Plan's for Survivor's
Asset Protection from Probate and Creditors
Certified Financial Fiduciary
RMD Calculator
Estimate your Required Minimum Distribution year by year
This calculator provides an estimate for educational purposes only. Consult your tax advisor for exact calculations.
Born 1950 or Earlier Start taking RMD's, Year you will be 70 1/2 - Must be taken by Dec 31 each year
Born 1951-1959 Start taking RMD's, Year you will be 73 - RMD's must be taken by Dec 31 each year
Born 1960 or later Start taking RMD's, Year you will be 75 - RMD's must be taken by Dec 31 each year
Penalties Not taking RMD'S - Old Rule before 2023: 50%, Current Rule starting 2023: 25% on amount not withdrawn
If You Have an Income Rider on Your FIA Annuity - the income is counted as part of your RMD, no need to take RMD's
CONTACT
America United Wealth Planning
1900 E Golf Rd Suite 950
Schaumburg, Illinois 60173
Tel. 847.592.5405
john@AmericaUnitedFunding.com
John T. Davis Certified Financial Fiduciary
Family Owned Since 1982