Annuity RMD Tracking and Management Software

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Annuity RMD Tracking and Management Software

Inspired by a conversation on:

The Retirement and IRA Show

The Retirement and IRA Show

IRMAA, Widow Status, Roth Conversions, Annuity RMDs, and Rollovers: Q&A #2538

Host: Jim Saulnier, CFP® & Chris Stein, CFP®

Timestamp: 01:01:13 - 01:01:43

Listen to Episode • View Podcast • All Ideas from The Retirement and IRA Show

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Feather Flow

Direct Quote

"IRS clarified, if you remember, Chris, last year in their final regulations on how to value the annuity to determine if there's an excess RMD."

Market Gap

Investors struggle to manage RMDs from annuities effectively.

As retirees age, they are often required to take Required Minimum Distributions (RMDs) from their retirement accounts, including annuities. However, many investors find it challenging to keep track of their RMD obligations, especially when they have multiple annuities with different payout structures. The complexity increases when considering the IRS regulations around annuitized income and how it impacts RMD calculations. Failure to manage these effectively can lead to underpayment of RMDs, resulting in significant penalties. Moreover, with IRS rules being updated, it becomes increasingly important for retirees to have a clear understanding of their RMD requirements to avoid costly mistakes.

Summary

The business idea is to create a software platform specifically designed to help retirees manage their Required Minimum Distributions (RMDs) from annuities. This platform would track each annuity's payout and automatically calculate RMDs based on the latest IRS regulations, ensuring that users are compliant and avoid penalties. Users would input their annuity details, such as payout amounts and annuity types, and the software would generate reminders and reports on their RMD obligations. The target audience would include financial advisors and retirees who hold multiple annuities. The platform could integrate with existing financial planning tools, providing a comprehensive view of retirement income and ensuring that users stay on top of their RMDs without the stress of manual calculations.

Categorization

Business Model
SaaS
Target Founder
Technical
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$2,000 - $5,000 MRR
Moderate (Most Likely)
$10,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
8/10
Market Potential
6/10
Evidence
7/10
Overall
7.2/10
Found on September 20, 2025 • Analyzed on September 20, 2023 6:31 AM

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How should I validate this saas idea before building it?

2:34 PM

Great question! For a saas idea like this, I'd recommend starting with these validation steps:

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2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

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