RMD Tips: When Your IRA Holds an Annuity

Joe Heider, president of Cirrus Wealth Management, is included in an article by Kiplinger reporter Rachel Sheedy discussing tips for taking an RMD for individuals that hold an annuity in a traditional IRA. “Your insurer may provide an RMD estimate based on the annuity’s value, but keep in mind that it will only cover the annuity,” Heider says.