You’re getting closer to the age of 70 and you keep hearing the term “RMD.” But what does that term “RMD” mean and, more specifically, what does it mean for you?
If you’ve participated in a qualified retirement plan you cannot enjoy the tax-deferred earnings indefinitely. Eventually, you must begin taking required minimum distributions (RMDs) starting in the year you turn 70½ – a gift from the IRS that you may not be happy about. Failure to do so may result in a hefty 50% penalty on the amount that should have been withdrawn!
If you have more questions than answers about RMDs, please join financial advisors Esther Aw, CLTC & CAP, and Mark J. Pratt, CLTC, on
Wednesday, June 19, 2019
3:30 pm – 5:30 pm
ACC Senior Services
7334 Park City Drive, Sacramento
Join our informative discussion about RMDs, including about how to maximize benefits to you and potentially minimize your taxes. Hosted by ACC Fund Development Committee, this workshop will help you understand what RMD really means.
Seating is limited so reserve your seat today. Register online at tinyurl.com/acc6554 or call Anna Su at (916) 393-9026 ext. 330. The speakers are:
Esther Aw, CLTC & CAP, is a financial advisor with over 22 years of experience of holistic financial planning in the arena of protection, accumulation, retirement, distribution, preservation and legacy of wealth management. She started her practice in the South and East Bay and has lived in Sacramento region since 1997.
Mark J. Pratt, CLTC, is also a financial advisor with more than 30 years of investment management, including retirement planning, wealth accumulation and preservation, and portfolio management. He has a built a solid practice with a diverse client base spanning in the Sacramento and Bay areas to as far north as Redding California.
Esther and Mark are qualifying and life members of the Million Dollar Round Table (MDRT), the Premier Advisory Association of Financial Professionals. They are also registered investment advisers, offering investment advisory services through NYLIFE Securities, LLC, and Eagle Strategies, LLC.
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