personal_finance
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personal_finance [2021/06/30 21:11] – admin | personal_finance [2023/08/11 21:32] (current) – raju | ||
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+ | ==== useful links ==== | ||
+ | * https:// | ||
+ | |||
==== RMD ==== | ==== RMD ==== | ||
RMD = Required minimum distribution. | 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). | * 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%. | + | * RMD is 3.9% at age 72, 8.8% at age 90. |
personal_finance.1625087516.txt.gz · Last modified: 2021/06/30 21:11 by admin