When we reach the age of 70 ½ we must — in order to avoid tax penalties — take Required Minimum Distributions (RMD s) from IRAs, 401ks and other types of tax advantaged accounts — all retirement accounts funded with pre-tax contributions. So what exactly is a “Required Minimum Distribution?” Let’s …
Read More »No Laughing Matter: Minimize the Impact of Required Minimum Distributions (RMD)
