Suze Orman
speaker
12,336 appearances
40 recordings
1 series
first heard Jan 2026
last heard yesterday
Suze Orman’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 40 in all, peaking in Aug 2026 with 9.
Appearances
Given that to figure your RMD, we have to use the uniform lifetime table for somebody 73, okay?
podcast-host
And the RMD using that table on $1 million, your RMD that year would be about $37,736.
podcast-host
Okay.
podcast-host
Remember your RMD in the year you turn 73 currently is figured on your ending retirement balance at the end of the year prior to you turning 73.
podcast-host
So December 31st, whatever the balance is on that day, that is the amount of money.
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that your RMD is figured on.
podcast-host
So even if you don't need that money, you have to take it.
podcast-host
And obviously that money is taxed to you as ordinary income.
podcast-host
Okay.
podcast-host
Let's say though, before you turn 73 next year, you decide to buy a QLOC and you decide to max it out and put $210,000 with pre-taxed dollars, money that's in your IRA goes into the QLock.
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So after you purchase it, no taxes on it, at the end of the year.
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you let's just say have now seven hundred and ninety thousand dollars in your IRA
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And you have 210,000 in your Q lock.
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You still have a million, but only 790,000 will be figured for RMDs.
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So
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If you figure your RMD on $790,000, that's $29,811 that you're going to have to withdraw.
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And that's a reduction of approximately $7,925 for that year.
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Now you have to ask yourself, is that valuable?
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Well, it can be.
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Because a lower RMD will also reduce your taxable income.
podcast-host
Showing 2101–2120 of 12,336 · page 106 of 617
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