In March, we learned about the Required Minimum Distribution (RMD) rules and how they apply to tax-deferred retirement plans, such as 401(k)s, the Thrift Savings Plan (TSP), and Traditional IRAs. By design, RMDs are the Internal Revenue Code’s mechanism for forcing you to distribute, and pay tax on, the money in your tax-deferred retirement plans….

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If you’re searching for a financial advisor, you’ll want to make sure they act as a fiduciary, too.   So, what is a fiduciary and why is it important? In simple terms, a fiduciary is merely someone who acts in your best interest.   A financial advisor acts in a fiduciary capacity when they put their clients…

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