Financial Services · Advisory

Required Minimum Distribution (RMD) Reminder

Remind eligible clients of their required minimum distribution deadline.

Apps this needs

Custodian / Account System Brokerage/custodian platform holding client assets — balances, account type, RMD data. Connect during setup
Inbound Email Let the agent read and answer email enquiries. Connect during setup

How it works

  1. Identifies clients with an RMD requirement for the current year based on account type and age, via the custodian system.
  2. Sends a reminder well ahead of the deadline explaining the requirement in plain language, without calculating or recommending a specific distribution amount.
  3. Coordinates the distribution with the adviser/custodian once the client confirms.
  4. Confirms completion before the deadline, and flags any client who hasn't acted as the deadline approaches.

Data sources

Custodian account type/age data RMD deadline rules

What it targets

  • Eligible clients reminded ahead of deadline Target 100%
  • RMDs completed before the deadline Target 98%