RMD Strategies for a Rocky Market Ride

by Prof. Robert Bloink and Prof. William H. Byrnes

Recent market volatility and general uncertainty about what the future holds have left clients struggling with a host of questions. While general advice dictates that it’s not a smart move to sell assets until markets have rebounded significantly, some retirees may be left with little choice. Clients who have reached their required beginning date (RBD) have no choice but to take required minimum distributions (RMDs) from their tax-preferred retirement accounts before year end. While December 31 is still months away, it’s entirely possible that we may be in for a rocky ride if the Trump administration continues its far-reaching trade war once the 90-day pause on most tariffs expires. In some cases, there are moves that can help avoid locking in market losses depending on the client’s unique financial position. Advisors can begin working with clients who have yet to satisfy their RMD obligations today to develop strategies based on ongoing market conditions as the year progresses.

RMD Rules: The Basics