What to Do if You Don't Need Your RMD

There is no rule that you have to spend your RMD, but you can still make wise use of that money if you don't need it to cover your living expenses. Here are three strategies for how to use your RMD.

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.