A single, diversified fund option for RMDs
Managing your annual RMDs can be a complex process, with significant tax implications and potential penalties at stake. Fidelity's Simplicity RMD Funds can help you simplify the entire process.
These funds are designed for investors approaching age 70½ and above who turned age 70 in or within a few years of the horizon date and plan to gradually withdraw the value of their account in the fund over time (in accordance with minimum distribution requirements as mandated by the IRS).
- Funds are specifically designed for the year investors begin taking RMDs
- Asset allocation automatically becomes more conservative over time
- Withdrawals can be automated to meet RMDs when paired with Fidelity's automatic withdrawal service