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How the Secure Act may affect your retirement account

Due to congressional approval of the Secure Act, if you turn 70 ½ after 2019, you can now wait until you are 72 to start making those mandated annual withdrawals from your retirement accounts. Along with age requirement, the updated life expectancy tables proposed by the IRS for 2021 would change how you calculate those RMDs. Read article here…

 

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