Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.
RMDs are minimum amounts that you must withdraw annually from your IRA or other retirement plan account. Did you know that, in most cases, you must start taking required minimum distributions (RMDs) ...
Mandatory withdrawals are technically called required minimum distributions. When must I take them? If you were born before 1951, you’ve probably already begun taking required minimum distributions.
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