What are Required Minimum Distributions and how can I make the most of them?
Once you reach age 73, the IRS requires annual withdrawals from most traditional retirement accounts. If you fail to take the full Required Minimum Distribution (RMD) by the applicable deadline, the IRS may assess an excise tax on the amount that should have been withdrawn but was not.
The good news is that financial advisor July Hardesty, AWMA of Edward Jones in Livingston is here to walk you through how RMDs can become a tool to support personal goals, family priorities, and the causes that matter most to you.
Join us for this free, educational event at the Park County Senior Center on Thursday, November 5th at 10:00 AM.
Questions? Email our Philanthropy Director, Tricia Erikson –
philanthropy@pccf-montana.org
About the Speaker: Financial Advisor July T. Hardesty, AWMA®
As an Accredited Wealth Management Advisor™ professional, I help successful individuals, families and business owners navigate the financial decisions that come with building, preserving and transferring wealth. I've learned that financial success is about more than investment performance. Many of life's most important financial decisions are tied to major transitions such as retirement, the sale of a business, receiving an inheritance or creating a legacy for future generations. These moments often involve financial complexity and emotion. My role is to help clients make informed, confident decisions while staying focused on what matters most.
I have a particular passion for helping high net worth families and business owners address challenges such as tax-efficient investment strategies, retirement income planning, estate considerations, business retirement plans, business succession planning, inheritance planning and sudden wealth events. I also enjoy helping clients pass along financial wisdom, not just assets. My interest in investing began when I learned about the power of compounding at a young age. Today, one of the most rewarding parts of my work is teaching clients' children and grandchildren how time, discipline and consistent investing can create substantial opportunities. Few things are more satisfying than seeing a young person realize that financial independence may be more attainable than they ever imagined.
My commitment to legacy planning was shaped by the experience of losing my grandfather, whose final wishes were not carried out because proper planning had never been completed. Witnessing the impact on my family reinforced my belief that wealth should create opportunities for future generations, not confusion or conflict.
Born and raised in Livingston, MT, I am blessed to have my dream job in a community that I love. My wife, Alejandra, and I recently moved into our new home with our daughter, Zayla, and look forward to growing our family in the years ahead. Outside the office, you'll often find me spending time with family, golfing, exploring Montana's outdoors, traveling or reading a great book. I also enjoy serving as a board member of the Livingston Christian Center and Rural Resilience.
Wherever you are on your financial journey, it's beneficial to have a guide and an advocate. I'd be honored to be yours.