Smith Moore News

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Smith Moore Promotes Two Advisors to Senior Vice President

The Board of Directors is pleased to announce that Doug Schultz and Matt Priest have been awarded the title of Senior Vice President. Doug Schultz works in our Effingham branch, having joined Smith Moore in 2009. Doug lives in Effingham, IL, with his wife, Michelle, and their two children. Doug is an avid golfer and…

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What Are Required Minimum Distributions?

Required minimum distributions, often referred to as RMDs or minimum required distributions, are amounts that the federal government requires you to withdraw annually from traditional IRAs and employer-sponsored retirement plans after you reach age 70½ (or, in some cases, after you retire). You can always withdraw more than the minimum amount from your IRA or…

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