fpPathfinder

Helping Diligent Advisors Ensure They're On The Right Planning Path

Welcome, Guest!
Need Help?
Refer Friends
GUIDES
All Guides
Categories
General
Cashflow Important Dates & Numbers Recurring New Client Family-Related Service Calendar Debts Caring Loved Ones Divorce Planning College Planning / Funding Deliverable Age-Related Planning 20s-30s Age-Related Planning 40s-50s Age-Related Planning 60s Age-Related Planning 70s
Working / Accumulation Phase
Employee Benefits-related Planning Issues Business Owners Saving For Retirement Stock Options
Retirement / Decumulation
Social Security Healthcare Distributions Misc. Charitable Giving
Tax Planning
Business Owners Review Tax-related Documents Misc Sale of Asset Deductions & Credits Important Tax Concepts & Numbers Taxable Distributions
Insurance Planning
Medicare Property Annuities Life Insurance Long-Term Care Insurance Health Insurance
Estate Planning
Chartible Giving Inheritance Loss of Loved One Step Up Estate Planning Documents
Assets and Investment Planning
HSAs IRAs Annuities House and Home Investments Stock Options
Life Events
Child-Related Job-Related Death Marriage Divorce Sudden Wealth Event Moving/Home-Related Starting Or Selling A Business Starting Social Security Unique Life Event/Other Starting Retirement Medicare-Related Starting RMDs
One-Click Downloads
Full List Of Guides
Guide Recommendation Tool
Guide Recommendation Tool
Go Back
Category:
General, Retirement / Decumulation, Life Events

What Issues Should I Consider When Reviewing My RMD?

Updated 12/1/2023

RMDs (Required Minimum Distribution) are often an inconvenience to our clients. The timing, amount, and tax consequences associated with RMDs might run the risk of throwing a wrench in our clients’ financial plans, but it doesn’t have to be that way. That’s where you step in.

With your help, clients will have a better understanding of what options they have at their disposal when managing their RMDs in relation to their financial situation.

This checklist covers important factors a client needs to know when reviewing their RMDs, such as:

  • Having a clearer understanding about how they are taking their RMDs (e.g., timing, amount, where it is being sent, etc.).
  • Being more deliberate about how they use RMDs that are in excess of what they need for living expenses (e.g., reinvest, bolster emergency fund, etc.).
  • Coordinating their RMDs with other investment, charitable, and/or tax planning goals.

Click here for a client-facing email template. And make sure to check out the Deliverable tab.

Guide Preview:
What Issues Should I Consider When Reviewing My RMD?
Page 1
2024 Checklist
Interactive Checklist
Preview
Related Guides
What Issues Should I Consider When Reviewing My Health And Life Insurance Policies?
Category: General, Insurance Planning
What Issues Should I Consider Before The End Of The Year?
Category: General
What Documents Do I Need To Keep On File?
Category: General
Issues To Consider In Client Annual Review Meeting
Category: General
What Issues Should I Consider During A Recession Or Market Correction?
Category: General
What Accounts Should I Consider If I Want To Save More?
Category: General
Master List Of Goals
Category: General
What Issues Should I Consider At The Start Of The Year?
Category: General
Should I Lease Or Buy My Next Automobile?
Category: General
What Issues Should I Consider When Reviewing My Beneficiaries?
Category: General, Estate Planning
What Important Issues Should I Consider Regarding Changes Made By The SECURE Act 2.0?
Category: General
What Issues Should I Consider When Using A Reverse Mortgage?
Category: General, Assets and Investment Planning
What Issues Should I Consider When Establishing And Maintaining My Emergency Fund?
Category: General

What Customers Are Saying About Us

Hundreds of other advisors are actively using fpPathfinder. Read what those lovely people have to say about us.
“My clients and COIs love these. I’ve shown the medicare IRMAA flowchart to a Medicare consultant I work with and she loved it”
— Steve, an advisor in Ohio
“The fpPathfinder information is easy to find by topic and has been helpful in prepping for client meetings.”
— An advisor in New York
“Checklists don't make the planner smarter or more skilled, but do help to ensure that the planner maximizes the knowledge and skill he/she already has.”
— Michael Kitces, Publisher and Editor-In-Chief at Kitces.com
“With working from home most of 2020, we wanted to still catch some face time with our clients. We used the checklists and flowcharts to conduct webinars covering various topics. In fact, having the charts readily available, we were able to do many of these on a weekly basis, knowing the material was pretty much already established. We had such great feedback that we are continuing the webinars into 2021. We have many that actually look forward to our meeting times, and found being able to have the flowchart or checklist available to work on their own later was an added bonus.”
— An advisor in Texas
“The white-label feature in Deluxe is really fantastic. It is really powerful to talk through the decision tree with a client with our logo & color options on the chart, frankly, because it makes us look smarter!”
— Bill, an advisor in New York
“The flowcharts have helped a lot in recent discussions with the changing markets, providing us with confidence that our clients are getting the best, most accurate information.”
— Matthew, an advisor in Georgia
“What you guys have created is pretty badass! I’ve used your material for both client meetings and prospective clients.”
— An advisor in California
Become a Member

Sign Up to Receive Updates

Join our mailing list to be updated as we release new flowcharts and checklists that might be of interest.
  • This field is for validation purposes and should be left unchanged.