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.

Third-quarter account summaries and OnTarget statements are scheduled to be delivered next month. For those clients who have elected to receive our correspondence electronically, be sure to go to our OnTarget Investing website to verify that we have your current email address in our system. If you haven’t already opted for e-delivery, you can contact Client Services at clientservices@flexibleplan.com or 800-347-3539, ext. 1, to set it up.

To thank our employees for their hard work and dedication, our office will close at 4 p.m. (EDT) on Fridays from May 29 through September 25 to allow our staff to enjoy more of Michigan’s great summer.

Clients with Strategic Solutions accounts at Axos may elect to have their accounts reviewed for quarterly rebalancing. Each enrolled account is evaluated separately and will generally be rebalanced during the first week of the quarter if at least one strategy is more than 5% away from the client’s most recent allocation on file.

Elections must be completed before the end of the quarter to be included in the next quarterly review.

Please contact your financial adviser for more information or to determine whether your account is eligible.

FlexPlan Strategic is a professionally managed investment strategy designed for workplace retirement accounts with a self-directed brokerage account (SDBA) option. If your retirement plan allows for an SDBA, this strategy offers institutional-grade investing, dynamic risk management, and broad diversification—helping you stay on track toward your financial goals. To learn more about how FlexPlan Strategic may fit within your retirement plan, contact your financial adviser.