Advanced RMD Planning for Insurance and Financial Professionals - BackNine's Pro Shop, Episode 2

Every day in the US, 10,000 Baby Boomers turn age 65. Whether you're a full service financial planner, an experienced life insurance and annuity veteran, or a P&C agent starting to expand their practice, being able to address the needs of retirees opens up a significant market and new pathways to growing your business.
 
This video is designed to help you become conversationally fluent in IRAs and RMDs, and deepen your understanding of RMD strategies that can help you improve a client's financial plan and outlook.
 
Video Contents:

• 5:25 - RMD Basics

• 11:36 - Changes from The SECURE Act and SECURE 2.0

• 14:54 - RMD Strategy 1, Lifetime Income and a License to Spend

• 18:23 - RMD Strategy 2, Turn an IRA into a JRA

• 20:37 - RMD Strategy 3, Deferring RMDs with QLACs

• 22:59 - RMD Strategy 4, Give Back and Reduce Taxes with QCDs

• 26:14 - RMD Strategy 5, Efficient Wealth Transfer and IRAs

• 34:37 - Sample Language and Value Propositions