Tax-Wise Retirement Distribution Strategies   

Nov. 7, 8 (IN PERSON)

*OLLI membership is not required.

*Meets two consecutive days during the last week of Session II.

Since the SECURE Act took effect in 2020, almost all beneficiaries will have to take the total amount of inherited retirement accounts out within a 10 year period of time, resulting in higher taxes, due sooner. We’ll discuss the SECURE act and alternative strategies to reduce your income tax and to pass, to your beneficiaries, your remaining retirement account values in the most tax efficient way. We’ll explore the relationship between IRA withdrawals, taxability of Social Security and Medicare part B payments, and how to leverage your giving power with Qualified Charitable Distributions(QCDs) from your IRA. We would encourage those attending to bring their statements or have them available to participate in this activity. In-person enrollment limited to 26.