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Jill on Money with Jill Schlesinger

What RMDs Mean for Your Money

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.61.9K Ratings

🗓️ 2 August 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

Did you know, when you hit age 73, most people have to start taking required minimum distributions, or RMDs, from their tax-deferred retirement accounts, like a traditional IRA or 401(k)? What does that mean for your money?

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Transcript

Click on a timestamp to play from that location

0:00.0

I know it's kind of crazy but I absolutely love the idea of a state planning and insurance planning.

0:08.5

And the reason is it's one of the few areas of your financial life that once you take care of it you feel so much better.

0:16.7

Life insurance gives you peace of mind and you know life is unpredictable.

0:20.6

We've heard it from folks who come on this program. With Policy Genius, you can find life insurance policies that start at just $292 per year for $1 million of coverage. Some options are 100% online

0:35.9

and let you avoid unnecessary medical exams. Policy Genius is so great because they

0:41.5

help you easily compare your options from America's top

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insurers in just a few clicks. They've got award-winning agents, they can walk you

0:50.4

through the process step by step.

0:52.7

And although you might have coverage through work,

0:54.7

it may not offer enough protection for your family's needs.

0:59.5

Get peace of mind by finding the right life insurance

1:02.4

with Policy Genius. insurance with Policy Genius.

1:03.8

Head to policy Genius.com to get your free life insurance quotes

1:08.1

and see how much you could save.

1:10.3

That's Policy genius.com.

1:13.0

If just thinking about your bills makes you feel confused and disorientated,

1:18.0

like your head is full of raspberry, really?

1:21.0

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1:28.0

Money never felt like Monzo. UK residents, tease and see supply.

1:37.4

Welcome to the Jill on Money Show.

1:39.4

It's Friday, August 2nd, and we will be getting a Labor Department report later this morning should be a lot of fun and you know as I said earlier in the week

1:49.0

It's likely that job creation has slowed down a little bit. That's okay.

...

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