The New Retirement Law Lets You Delay RMDs. That Doesn’t Mean You Should.
With Secure 2.0 Act giving those 72 and under an extra year before withdrawing money from their retirement accounts, some advisors are still suggesting you start earlier. Partner Kris Yamano joins Elizabeth O’Brien at Barron’s to discuss the benefits of planning out RMDs in advance, considering possible tax consequences one might have to deal with.