On May 19, fourteen women got together on zoom to talk about getting money out of tax deferred accounts via Roth conversions, withdrawals, and QCD.

Some key discussion items:

- Many of us have saved significant portions of our retirement money in tax deferred accounts.
- The uncertainty of future tax rates and income levels provides significant challenges for making decisions about when to take money out of these accounts.
- Advisors have many tools to project possible future scenarios and can help advise one of approaches that they believe are most likely to result in you retaining the most money.
- RMDs could be sizable and move you to higher tax rates so it might make sense to take money out sooner.
- If one plans to make charitable contributions during your lifetime or at death, tax deferred accounts are a very effective way to maximize those contributions. Neither the donor or the charity will pay taxes on the donation.

We decided to take the months of June and July off to enjoy summer. On August 16, we will get together to talk about company errors that we have to resolve. They can be related to insurance premiums, Medicare errors, installations, etc. Bring your experiences and tips for resolving.

All are welcome to join us on zoom. Join the group or contact Cyndy using the info above.