Dealing With Required Minimum Distributions
For many retirees approaching that magical age 70 1/2 mark, the RMD is coming into focus quickly as a pivotal point in their retirement cash-stream forecasting. RMD, of course, is the mandatory annual payout to be taken from one’s accumulated tax-deferred retirement accounts, and it can be a relatively complicated process to pinpoint the amount. The details associated with the RMD concept, and explanations on how it fits in various planning scenarios, are covered in an article posted on Laura Saunders on Market Watch’s website. Read the article here…
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