Will periodic RMD withdrawals be stopped automatically?

Many financial institutions will not automatically cancel recurring RMD withdrawals as some account holders may wish to continue taking withdrawals. If a pause to recurring withdrawals is desired, the advisor will need to request to change the date for recurring distributions. For example, if the client has a monthly distribution set up, the advisor can request a change of the date until later. The same applies to the annual systematic RMDs. Please contact your engagement team or Resource Center team for details about stopping and resuming periodic withdrawals.

Cetera Retirement Plan Specialists is a third-party administrator and may not offer tax, legal or investment advice. Plan sponsors should consult their own tax, legal or investment professionals.