(810) 229-5550

Firm Profile

Clients who choose our firm rely on competent advice and fast, accurate personnel. We provide total tax related financial services to individuals, large and small businesses and other agencies.

Read More

Subscribe to our Newsletter




Calendar




Contact Us


Please try our wide variety of interactive financial problem solvers. Simply enter your criteria and you'll get your questions answered with dynamic graphs and personalized reports.

What Is My Projected Required Minimum Distribution?

Current tax law specifies that once you reach age 70-1/2 you must begin making taxable withdrawals from your IRAs and many other retirement plans. These minimum distributions are calculated annually based on your age, plan balance at the end of the previous year, marital status and spouse's age. If you do not meet the annual minimum distribution, you may be subject to a 50% penalty on your underpayment, plus ordinary income tax as the funds are withdrawn.


Dates Of Birth
    Month Day Year
Plan Information