New RMD Regs Effective Jan 1 2025
The final regulations on required minimum distributions (RMDs) from retirement accounts, issued earlier this year by the Treasury Department, are effective on January 1, 2025.
The new regulations clarify the requirements for lifetime RMDs from IRAs and employer-sponsored plans and set forth the rules for RMDs for beneficiaries, after the original account owner dies.
The new rules also affect distributions from Roth IRAs and Roth 401(k)s, and they set forth the rules for RMDs when a beneficiary dies, leaving the account to a successor beneficiary.
Our upcoming seminars in January will provide detailed and vital strategies and examples for applying the rules contained in the final regulations, which is a critical area when advising clients.
If you have not already enrolled or taken our seminar, it’s time to enroll for our upcoming seminars in January, so you’ll be fully prepared! Register Here