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What to know before you take your first RMD - The Motley Fool
Are you turning 73 this year and facing taking your first required minimum distributions (RMDs)? If so, congratulations; if not, you may want to take notes for when it’s your turn to start taking RMDs. Maurie Backman, writing for The Motley Fool, explains how to minimize the unwanted surprise of taxes and Medicare’s income-related monthly adjustment amounts, or IRMAAs, later on. Read Ms. Backman’s article here…
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