Online Course Catalog
Registration is now available for the MTP Fall 2025 catalog.
Any adult aged 18 and older is eligible to register for classes. Permission must be granted by MTP prior to registration for younger participants for all classes, except Ageless Adventures.
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Government, Business, Finance and Law
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Business & Finance
The ABC's of RMDs (Required Minimum Distributions)
One of the most challenging financial aspects of retirement, especially for people who have been diligent savers throughout their working years, is taking required minimum distributions (RMDs) from their tax-deferred retirement savings accounts (e.g., 401(k)s/403(b)s, TSP, SEP, Traditional IRA) beginning at age 72. RMDs can have a significant impact on a retiree’s income tax liability. New RMD tables went into effect in 2022. This workshop will discuss basic facts about RMDs, the new IRS life expectancy tables, tax implications, tax withholding for RMDs, tax penalties for incorrect RMDs, ways to reduce the tax impact of RMDs, and options for using money that is withdrawn from tax-deferred retirement savings accounts.
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By registering, I agree to INDEMNIFY AND HOLD HARMLESS Master the Possibilities, Inc., Sidney Colen & Associates, Ltd., On Top of the World Communities, Inc., Horticultural Arts & Park Institute, Inc., Bay Laurel Community Development District, and any of their agents, directors, officers, representatives, volunteers and employees from any and all loss, damage, injury, action or cause of action resulting from the classes, events, or trips and/or equipment owned or operated or permitted to be used or operated or is used or operated. This Release Waiver and Hold Harmless Agreement includes those classes, events, or trips inside or outside of Master the Possibilities, Inc. For the full waiver, visit https://www.masterthepossibilities.org/sites/default/files/PDF/WaiverofLiability.pdf .
If class is cancelled by the participant because of COVID positive results, there will still be a processing fee incurred by the participant.
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