Laramie County Community College

If you're turning 70 soon, this seminar is for you! Designed for those approaching that magic IRS age or just if you want to understand how annual Required Minimum Distributions (RMDs) work. We'll cover how they are calculated and how to determine when you must begin taking funds from your tax-deferred retirement savings. We'll discuss when it may save taxes to withdraw funds early and when it may make sense to delay withdrawals. We'll consider taxation of Social Security; how Qualified Charitable Distributions (QCDs) work to save you taxes, and more - all in easy to understand language.