American IRA, A National Self-Directed IRA Provider, Announces Tips for Improving the Required Minimum Distribution (RMD) Process

In their recent 2 part blog series, American IRA, a national Self-Directed IRA provider, announced helpful tips to improve the required minimum distribution process. While retirees may have no control over the minimum amount that they must withdraw, they can implement strategies to help improve the efficiency with which their RMDs are handled.

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American IRA CEO

American IRA CEO, Jim Hitt

I often meet people that are not aware of some important strategies in relation to their RMDs. These blogs will help people improve their RMD strategy and keep more money in their pockets.

Charlotte, NC (PRWEB) February 26, 2014

Jim Hitt, CEO of American IRA, a national Self-Directed IRA provider, says, "I often meet people that are not aware of some important strategies in relation to their RMDs. Many IRA providers are content with letting people continue with inefficient RMD methods which ultimately moves more money from the IRA holders pocket to the IRA providers pocket. These blogs will help people improve their RMD strategy and keep more money in their pockets."

Individuals that are at least age 70½ this year, may need to withdraw required minimum distributions (RMD) from their retirement account regardless as to whether it is a Self-Directed IRA or not. However, while they may have no control over the minimum amount that they must withdraw, they can implement strategies to help improve the efficiency with which their RMDs are handled.

In "Tips for Improving Your Required Minimum Distribution (RMD) Process – Part 1 of 2", readers will learn about the background of RMDs, how to aggregate when suitable, and deferring RMD for employer plans. To read this blog, please click here.

In "Tips for Improving Your Required Minimum Distribution (RMD) Process – Part 2 of 2", readers are introduced to concepts such as rolling over to avoid RMD when appropriate, scheduling RMDs in advance, and refiguring IRA RMD Amounts. To read this blog, please click here.

About American IRA, LLC:

American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their Certified IRA Services Professionals. Enjoy the value with one low, annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched with quick and efficient processing within 48 hours.

American IRA services thousands of clients and has over $300 million in assets under administration.

American IRA was built by investors for investors and brings their successful investment experience to the table providing excellent educational material showing the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

American IRA is conveniently in Asheville, NC and Charlotte, NC and serves clients nationwide.