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A required minimum distribution (RMD) is the smallest amount of money that must be withdrawn from certain types of retirement ...
Learn how required minimum distributions (RMDs) affect your traditional IRA balance, how to calculate them and strategies to minimize tax impacts in retirement.
Some older investors need to start planning now for a financial move that needs to be completed before the end of this year.
Are you going to be at least 73 years old this year? Do you have any money sitting in an ordinary (non-Roth) IRA? If your answer to both questions is "yes," then here's some bittersweet news ...