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Required Minimum Distributions

If you save in a tax-deferred retirement account, such as a traditional IRA or 401(k), you will eventually be subject to annual required minimum distributions, which generally are taxed at your ordinary income rate. The amount of the RMD will be based on the account balance and your age.

 

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Required Minimum Distribution - How to Plan Smart

Work with a CFP® professional to develop a financial roadmap that helps you plan for required minimum distributions from retirement accounts.

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