Money Matters: Tips for Retirees

By WDIO

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Many retirees will be forced to take required minimum distributions from their retirement accounts in 2023. Barry Bigelow from Great Waters Financial joins us to explain what this means and what retirees can do to get the most out of their money. Barry answers questions such as,

Q: What are required minimum distributions?

Q: Why is it important to plan ahead for required minimum distributions?

Q: What strategies can retirees use as they take their required minimum distributions?

Q: What else should retirees know about required minimum distributions?

Barry Bigelow from Great Waters Financial joins us to explain what this means and what retirees can do to get the most out of their money.