#92 - Required Minimum Distributions (RMD) Explained: Risks, Timing, and Tax Planning Strategies

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RMDs are one of those retirement rules that feel simple on the surface, until the tax consequences show up years later.

In this episode, I walk through what required minimum distributions are, when they start, and why missing or mismanaging them can quietly raise taxes, Medicare costs, and long-term financial stress. I explain how planning early creates flexibility, especially for women navigating retirement transitions, widowhood, or income changes. We also cover practical strategies that can help reduce the tax impact without turning retirement upside down.

EPISODE SUMMARY

• How required minimum distributions work and when they begin under current law
• The penalties and long-term damage caused by missed or unplanned RMDs
• How RMDs can increase taxes on Social Security and Medicare premiums
• Using qualified charitable distributions to reduce taxable income
• Timing strategies like Roth conversions and filling lower tax brackets
• And more!

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