Bestselling Author and Retirement Planning Expert, Matt Richman, explains a strategy for retirees who are required to take RMDs but don’t actually need the income. Instead of letting that money sit (or spending it needlessly), he discusses redirecting a portion of the RMD into premiums for a life insurance policy. The result can be a much larger, tax-free death benefit for children, grandchildren, or charities—effectively converting taxable qualified dollars into a leveraged legacy tool.