Quiz: Do You Know These RMD Tax Facts?

Slideshow November 21, 2022 at 02:00 PM
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Skilled financial advisors know comprehensive financial planning should be designed with tax management strategies in mind, from the very beginning. According to one recent analysis, as much as $650 billion in tax savings alpha could be realized by advisors and their clients each and every year with better retirement income planning. It is a staggering amount of money that could be put back into the pockets of households across the U.S., researchers say." Take our quiz to test your knowledge of required minimum distributions (RMDs) — one of the most important components of retirement income tax planning. The most tax-savvy advisors can try to ace the test, while others may find they learn a thing or two about the complex and evolving topic of RMDs. Want more tax-focused insights? Find current and accurate answers to your tax questions with Tax Facts. More quizzes on ThinkAdvisor: