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Natalie Choate Quoted on Required Minimum Distributions in USA Today
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Natalie Choate, a member of Nutter’s Private Client Department, commented on considerations for people turning 70½ and taking a required minimum distribution (RMD) in USA Today. In the article, “Retirement: 5 tips for people turning 70½, taking a required minimum distribution or RMD,” Natalie noted that your 2018 RMD is based on the Dec. 31, 2017, balance. She recommends transferring the funds directly from the IRA to a qualifying charity for tax purposes.
