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Retirement Savings for Realtors
Thursday, February 21, 2019 9:30 AM - 11:30 PM
Presented By: CORE Association of REALTORS®
Product Type: Event; Not for CE
Speaker: Lorna Drummond
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Retirement Savings for Realtors

  1. Introduction
  2. Saving now for your retirement has more financial impact then you think,

requiring financial planning so that you can understand how your efforts and choices now effect your retirement later. B. Cost of living plus inability to use leverage when you’re not working; can

borrow for education and housing, but once retired, can’t borrow for retirement. C. As a Realtor, 1099 employee requiring retirement planning to be Realtor’s

own responsibility.

  1. Traditional IRA
  2. Tax-deferred retirement savings. B. $5500/$6500 (2018). C. Phase-out. D. Required Minimum Distribution (RMD) 70 1⁄2 years of age. E. Distribution counts as ordinary income and is taxed at rate for bracket you are in at time you take the distribution and much more
Non-Members: $20.00
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