If you have to take a required minimum distribution (RMD) this year, did you know that the RMD is calculated based on the balance in your account on December 31, 2021? If you didn’t know that, it might make you a bit nervous given the dip the markets have experienced since the first of the year. It’s good to understand how things like RMDs are calculate and what numbers are used. However, it can also be scary to know the numbers used are from many months ago. However, there are ways to get around having to worry about RMD calculations. One of the easiest ways is to convert your tradition IRA or other retirement accounts to a Roth IRA. With a Roth IRA you don’t need to worry about RMDs. Another option is to look into taking RMDs in kind. In other words, you would transfer any stocks held in your traditional IRA to a non-retirement account. You would still be taxed on the RMD as it’s considered income, but you would be able to keep the stock and see if it will rebound in the future. Of course, if you are planning on funding your RMD by selling stock held in your traditional IRA, you could always also just sell the stock too. If you have questions about how best to find the money for your RMD, you should speak with a certified financial planner or wealth manager.