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Part 5 Social Security

Writer: Financial 411Financial 411
May 26, 20171 min read

The Impact on Your RMD’s

Do you know that the income you receive by taking your Required Minimum Distributions (RMDs) can increase the taxes on Social Security benefits?


The government forces you to take withdrawals upon reaching age 70 ½. This added income can cause your Social Security benefits to be taxed. Luckily, there are options available that can potentially reduce or eliminate the taxation of your benefits.


Watch this short video to learn how Social Security can impact taxes on your Required Minimum Distributions.


You paid into Social Security your entire working life. Only a financial professional who specializes in Social Security planning can help you maximize your benefits and make sure you receive everything you're entitled to.




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Financial 411, Robert Goldsmith, and Deanna Goldsmith are representatives of Financial Fitness & Insurance Servcies, LLC, a Nevada Corporation.  Robert has been a licensed insurance and financial professional since 1982 and is a member of the National Ethics Association and National Association of Professional Agents.  Deanna Goldsmith is also a member of the National Association of Professional agents and has earned her certificate as a National Social Security Advisor. Deanna Goldsmith has been a licensed insurance professional since 2003. Financial Fitness & Insurance Services, LLC, Robert Goldsmith, and Deanna Goldsmith do not provide legal or tax advice, any information perceived as legal or tax advice is purely consequential.  For legal or tax advice you should always consult a licensed tax advisor or attorney.

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