Required Minimum Distributions
In response to the market turmoil Congress recently passed a one-year waiver on RMDs.
You: What are RMDs?
Required minimum distributions.
You: That didn’t help.
Shortly after you reach 70 1/2, you must begin to take a proportion of your money out of your qualified retirement plans annually.
You: Or?
You pay a penalty.
You: What if I don’t want to take [...]
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