The Simple Math Behind Your RMD
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YouTubeSecure Your Retirement
The Simple Math Behind Your RMD
Required Minimum Distributions, or RMDs, often sound complicated, but the calculation itself is relatively straightforward. For many individuals taking their first RMD at age 73, the IRS uses a life expectancy factor to determine the minimum amount that must be withdrawn from certain retirement accounts each year. What many people don't realize ...
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