Retirement Accounts and The Tax Surprise Hiding in Your IRA

1 rich Libsyn https://www.libsyn.com 90 600 Retirement Accounts and The Tax Surprise Hiding in Your IRA There’s this belief a lot of smart, responsible people carry for decades: Save as much as possible in your retirement accounts, don’t touch it, let it grow, future you will thank you. And then…future you hits “RMD age”. Suddenly there’s a number attached to your birthday. A required withdrawal. A tax bill you didn’t fully picture. Medicare premiums reacting to your income. And the realization that most of your wealth lives in accounts the IRS still has a claim on. This conversation with Jessica and Emily feels like the moment when you zoom out and look at your entire financial life instead of just one account. It’s about control. About flexibility. About asking better questions before the rules start making decisions for you. Because retirement should be about using it while you have the energy, the health, and the curiosity to enjoy it. And sometimes the smartest move isn’t waiting, but planning earlier, so you don’t feel boxed in later. Coffee in hand. Big-picture thinking activated. &nbsp; 0:00 — The Big RMD Question 2:21 — Why Waiting Can Backfire 4:30 — The New Retiree Balance Problem 6:20 — How RMDs Push You Up Tax Brackets 9:05 — Real Numbers + Medicare Ripple Effects 12:05 — Smart Moves Before RMD Age 15:10 — Inheritance, Psychology, and Spending Flexibility Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures &nbsp; Connect with us:&nbsp; &nbsp; Get our Free Private Wealth Advice Newsletter: https://www.monumentwealthmanagement.com/subscribe&nbsp; LinkedIn: https://www.linkedin.com/company/monument-wealth-management/&nbsp; Connect with Emily on LinkedIn: https://www.linkedin.com/in/emilyharpercfp/ Connect with Jessica on LinkedIn: https://www.linkedin.com/in/jessicagibbscfp/ Instagram: https://www.instagram.com/monumentwealth/# Listen to Off The Wall, our podcast with market analysis: https://monumentwealthmanagement.com/off-the-wall-podcast/&nbsp; Between Sips https://sites.libsyn.com/589145 <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/40312775/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/40312775