Description
Learn about a new strategy that could help clients reduce future retirement RMDs. It is now possible to aggregate the Fair Market Value (FMV) of an income annuity with your investment account balance to determine a combined RMD with your income annuity payments. This new opportunity comes from SECURE Act 2.0.
Learning Objectives
1. Understand the New Retirement RMD Strategy:
• Learn about a new strategy enabled by SECURE Act 2.0 that allows clients to aggregate the Fair Market Value (FMV) of an income annuity with their investment account balance to determine a combined Required Minimum Distribution (RMD).
2. Explore Benefits of Aggregating FMV for RMD Calculations:
• Examine how aggregating the FMV of income annuities with investment account balances can help clients reduce future retirement RMDs, thus optimizing their retirement income strategy.
3. Implement the New Strategy in Client Portfolios:
• Gain practical knowledge on how to incorporate this new RMD strategy into client portfolios, including the steps for implementation and the potential advantages for clients' retirement planning.