Weekly strategy performance

To thank our employees for their hard work and dedication, our office will close at 4 p.m. (EDT) on Fridays from May 30 through September 26 to allow our staff to enjoy more of Michigan’s great summer.

As the end of the year draws closer, make sure to adequately plan for any IRA contributions, required minimum distributions (RMDs), or gifts.

The IRS requires tax-deferred account holders over a certain age to take an RMD from their IRA, SIMPLE IRA, SEP IRA, or retirement plan account on an annual basis. For more information about RMDs, see the IRS website.

Flexible Plan Investments clients were notified earlier this year of their minimum distribution amount. To request the RMD, complete the EZ IRA distribution form. Axos Advisor Services will not make a distribution without a completed form. Advisers who want to review RMD information for clients can run the RMD Report from Axos Advisor Services’ Liberty website under Documents, Standard Reports, RMD Report.

If you have any questions or need additional information, please contact our Client Services team at clientservices@flexibleplan.com.