Why Are Retirement Account Rules so Complicated?

A listener calls the show with a question about required minimum distributions (RMDs). He has two retirement accounts and needs help understanding the rules regarding RMDs. Listen to Ric Edelman explain the rules in a simple way and share advice on how to handle required distributions.

This material was prepared for informational and/or educational purposes only. Neither Financial Engines Advisors L.L.C (also referred to as Edelman Financial Engines) nor its affiliates offer tax or legal advice. Be sure to consult with a qualified tax or legal professional regarding the best options for your particular circumstances.