When will Quicken update the RMD distribution dates in Lifetime Planner [edited]

Jonathan Mo
Jonathan Mo Quicken Windows Subscription Member ✭✭
edited October 27 in Budgeting and Planning Tools (Windows)

I was born after 1960 and therefore am not required to take RMDs until age 75. Tax planner still shows 70 1/2.

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Answers

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    You are referring to the Lifetime Planner, right?

    This has been requested many times, but so far no action.

    QWin Premier subscription
  • Jonathan Mo
    Jonathan Mo Quicken Windows Subscription Member ✭✭

    Correct, my mistake. Yes the lifetime planner. That five-year difference 70 1/2 - 75 would certainly make a difference in the account balances of my IRAs as well as income tax projections for those five years.

  • Q97
    Q97 Quicken Windows Subscription Member ✭✭✭✭

    You can vote for it here

    Required Minimum Distribution (RMD) age — Quicken

  • markus1957
    markus1957 Quicken Windows Subscription SuperUser, Windows Beta Beta

    Agreed it should be updated, but in the meantime as a workaround, I changed my date of birth, retirement age and life expectancy in the Lifetime Planner so that my RMD, retirement year and end of plan reflect the actual year that each of the mentioned life events are anticipated to occur in the Lifetime Planner.

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