It’s Sunday, which means...It’s recap time! This week’s theme was What You Need To Know Before Starting IRA Withdrawals. As my clients approach retirement, and especially as they approach age 72, when required minimum distributions start, I get a lot questions. So this week, I answered the most common questions I get about IRA required minimum distributions. 

Here’s what I covered in each episode this week:

• When Do I Have To Start IRA Required Minimum Distributions?
• How Much Do I Have To Withdraw From My IRA At Age 72?
• The Best Time to Take Your RMD
• How To Avoid Paying Taxes On Your Required Minimum Distributions
• The Big Mistake You’re Making With Your IRA Distributions

Hopefully after listening to the One Minute Retirement Tip podcast this week, you have answers to some of the most commonly asked questions, and know how to avoid some of the more common mistakes when starting your IRA withdrawals. 

Even if you’re still a few years away from starting your RMDs, it’s not too early to understand the do’s and don'ts with required minimum distributions, so you can avoid mistakes and make better decisions. 

Tomorrow, we are starting a brand new theme: Try Selling on Facebook Marketplace and Finally Get Rid of Your Clutter.

If you’re in the mood to do some spring cleaning, next week’s tips are for you! I’ve sold a lot of crap on Facebook marketplace over the last couple years - everything from pianos, to nightstands, to an elliptical, to some really random stuff like plastic hangers and a dog bed. It’s been a game changer for getting rid of clutter and stuff I no longer need or want. I’ve learned a few things along the way and I’ll be sharing with you my tips to help you reduce unwanted clutter and fatten your wallet at the same time. 

And before you go, be sure to check out my YouTube channel - True North Retirement, where I post a new video every Sunday on helping you live a fulfilled and financially secure retirement. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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