44. Will Your Annuity Cover Your RMD at 73?
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44. Will Your Annuity Cover Your RMD at 73?
If you own an annuity inside an IRA, one of the biggest questions you'll face in retirement is whether it will satisfy your Required Minimum Distribution (RMD). The answer depends on the type of annuity you own.
In this episode, Dr. Amanda explains how RMDs work beginning at age 73 (or 75 for some retirees), how they're calculated, and how different annuities—including MYGAs, Fixed Indexed Annuities (FIAs), and FIAs with income riders—handle RMDs. You'll also learn key RMD rules, aggregation strategies, and common mistakes to avoid so you can simplify your retirement income plan with confidence.
Timestamps:
00:00 – Will Your Annuity Cover Your RMD?
01:00 – What Is an RMD? Age 73 & 75 Rules Explained
02:20 – Which Retirement Accounts Require RMDs?
03:00 – IRA, 401(k), 403(b), and Roth IRA RMD Rules
06:00 – How to Calculate Your RMD Each Year
07:00 – Understanding the IRS Uniform Lifetime Table
09:00 – First-Year RMD Rules & Roth Conversion Timing
10:00 – How MYGAs Handle RMDs
11:45 – How Fixed Indexed Annuities (FIAs) Handle RMDs
12:30 – $450,000 FIA RMD Example at Age 75
14:00 – Three Ways to Take RMDs from an FIA
15:00 – How Income Riders Can Automatically Cover Your RMD
16:00 – QLACs: Delaying RMDs Until Later in Retirement
17:00 – Comparing MYGAs, FIAs & Income Riders for RMDs
18:00 – Final Takeaways & Next Steps
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About Dr. Amanda
Amanda Barrientez | PhD, RICP®, RSSA®, NPN #19460436
IBC Practitioner®, Ed Slott's IRA Advisor Group Member®
Court of the Table Member MDRT®
Dr. Amanda is the founder of Retirement Solutions Financial™ and creator of the Retirement Income School™. After losing her father and helping her mom navigate retirement, she felt called to help others avoid the stress and confusion of planning alone.
She specializes in safe money strategies using dividend-paying whole life insurance, fixed index annuities, long-term care coverage, and Social Security claiming strategy. Her mission? To help you protect your wealth and enjoy a secure, stress-free retirement with confidence.
⚠️ DISCLAIMER
The information in this podcast is provided for general educational purposes only and does not constitute financial, legal, or tax advice. Retirement Income School™ and Dr. Amanda Barrientez do not provide individual investment recommendations. Always consult with a licensed advisor or tax professional before implementing any strategy discussed.