Poorly Planned RMDs Can Raise Your Client’s Medicare Premiums

As we kick off the new year, financial professionals must be proactive in helping their clients navigate the potential impact of required minimum distributions (RMDs) on their Medicare premiums.

Poorly planned RMDs can lead to significant surcharges, causing unnecessary financial strain for retirees. However, by implementing strategic techniques such as Qualified Charitable Distributions (QCDs), Roth IRA conversions, and tax loss or gain harvesting, we can help our clients start the year on the right foot.