Part 3 of 3

Required minimum distributions (RMDs) in the illustration

An annuity held in a traditional individual retirement account (IRA) remains subject to required minimum distribution (RMD) rules. An illustration can model withdrawals.

1.

Paste this and send it. In ChatGPT Work, type @ and pick Annuities Genius first.

Using Annuities Genius: my client is a 70-year-old man in Texas with $150,000 in a Traditional IRA. Find S&P 500 FIA options with no rider fee. Select one only to model the RMD setting, not as a recommendation. Illustrate it with required minimum distributions turned on. Show the first withdrawal year and his age then. Do not compute taxes. Then list questions for his tax adviser about RMDs, a Roth conversion and a QLAC. A QLAC is a deferred income annuity that meets federal QLAC rules. For 2026, total premiums are capped at $210,000. Payments generally begin by age 85, and Roth IRAs are not eligible.

Select the text and copy it.

Up to 35 credits: a quote at 15, an illustration at 20. A failed illustration is free.
2.

Find the first withdrawal. Check its age against the Internal Revenue Service (IRS) start age for his birth year.

For the client in this prompt, expect year 4, at 73: the IRS start age for his birth year.

You're done when you can name the first year and age of the withdrawals.

Watch out: Distributions from a traditional individual retirement account (IRA) are generally taxable except for after-tax basis. Check the client's basis records. His tax advisor confirms the required amount. Owners of Roth individual retirement accounts have no required minimum distributions while alive. The modeled product may use a bank or broker-dealer channel, so confirm its sales channel.

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