Register for this free webinar and find out whether your RMD could be satisfied from income alone — without being forced to sell off the very principal you worked a lifetime to build.
For retirees and pre-retirees with $250k+ saved for retirement.
Hosted by David Scranton, CFA®, CFP®, ChFC®, CLU® — as seen on CNBC, Bloomberg & Fox Business
No cost. No obligation. We keep the group small so there's time for real questions.
Five things most retirees never get a straight answer to about their RMDs.
Most people find out they miscalculated their RMD after it's too late to fix it cheaply. You don't have to be one of them. There's an exact formula the IRS uses — once you know it, the guesswork (and the anxiety that comes with it) disappears.
It's the largest penalty anywhere in the federal tax code — and unlike in years past, the IRS is no longer looking the other way. The good news: this is one of the easiest financial mistakes to avoid completely, once you know what triggers it.
Your RMD doesn't get taxed on its own — it stacks on top of everything else you're already living on, and it can quietly pull more of your Social Security into taxable territory. Most retirees don't see it coming until the bill does.
You have a choice most people never realize they have: pull your RMD from the interest and dividends your investments generate, or let the IRS force you to sell off the principal itself. One keeps your savings intact. The other can quietly drain it — especially if the market's down the year you're forced to sell.
A surviving spouse can inherit your IRA tax-free, but most other heirs are on the clock. One overlooked detail in how your beneficiaries are designated could mean your grandchildren get disinherited — without you ever knowing it was a risk.
CEO · Founder of Sound Income Strategies, The Retirement Income Store®, Advisors' Academy, and Scranton Financial Group
David Scranton is on a mission to reach seven out of ten Baby Boomers with a single message: when it comes to planning and saving for retirement, it's all about investing for income.
With more than 35 years of experience, David spent his first 15 years managing money the way most of Wall Street still does — focused on stock market growth. In 1999, while much of the industry believed the market's climb had no ceiling, David's read of history told him otherwise. He shifted his entire practice to income-generating investments, a decision that helped many of his clients avoid the damage of the two major market corrections that followed.
David is an Amazon bestselling author and has appeared on CNBC, Bloomberg, and Fox Business. He also hosts his own national TV show, The Income Generation, with new episodes airing Sundays at 10am EST.
Yes. If you're in your 60s, now's the time to plan, since some of the smartest moves have to happen before your RMDs start. Already taking RMDs? You'll learn how to handle the taxes and where the money should come from.
There isn't one. It costs nothing to attend and there's nothing to buy. If you want to go further, you can book a free RMD Readiness Review afterward, where one of our advisors walks through your own numbers with you one-on-one.
Take a breath first — this is more common than you'd think, and it's often fixable. How much it costs you depends entirely on when it's caught and how it's corrected, which is exactly the kind of thing we walk through during the RMD Readiness Review.
About 40 to 45 minutes. That covers the presentation and Q&A.
For some people, yes. For others, barely at all. It depends on where you are in the timeline and whether you actually need the money yet — which is worth understanding specifically for your situation rather than in general terms.
Save your spot now. The sooner you understand your numbers, the more options you have.
