personal_finance
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RMD
RMD = Required minimum distribution.
- The IRS requires to start taking tax deferred retirement money out at the age of 72 (or 70.5 if you were born before July 1, 1949).
- At age 72, the IRS requires you to withdraw about 3.9% and at age 90 the RMD is 8.8%.
personal_finance.1625087516.txt.gz · Last modified: 2021/06/30 21:11 by admin