If you have the skills, create a portfolio of products that your art would be great on. If you want to do toys, create some with your work. If you want to sell yourself as a voiceover, create pretend commercials or jingles that youâd do.
Depending upon the terms of your 401(k) or other employer plan, you may be able to delay taking RMDs until April 1 of the year following the later of the year you attain age 70 Â½ or the year you retire, provided you are not a 5% or greater owner of the business.
You turned Age 70Â½ THIS year. If you will have turned age 70Â½ by the end of the current calendar year, you are required to begin taking RMDs this year. Click the link above for more information on determining your first year RMD.