Mike Milligan explains how required minimum distributions force you to sell assets even during market crashes. If your account drops 20% in March, you still owe taxes based on last December's balance, not what you actually sold for. A personalized plan can reduce how much the government ultimately takes.
That's what required minimum distributions are. The government is saying it's time, it's time to cash in. And they don't care, by the way, if the market goes down in a year. So like, for instance, if you have a, you know, like, you know, if you, if you took out your distribution in March when the market was down over 20% from its highs, well, the government doesn't care that you had to, that you sell when the market's down. They just want the share that was owed to them on December 31st of the previous year. Right. And so, if you want to take control of what the government gets and strategies that help you better, that's why we build the one-of-a-kind financial plan, folks. It's about you and about you having more control versus just standing pat and letting the government take what they have in their laws designed for them to take.
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
