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What is a required minimum distribution or RMD?

In Personal Finance - Retirement Planning - Asked by Admin - 15 months ago

The required minimum distribution is the minimum dollar amount an IRA owner has to withdraw each year after they reach 701/2 as required by the IRS.

Answered by Admin - 15 months ago

Tags: required minimum distribution, rmd, retirement planning, personal finance, retirement, what is a required minimum distribution or rmd?

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A very important aspect of personal finance is retirement planning. It is vital that you begin to plan for retirement early and have retirement accounts in your personal finance portfolio. If you are unsure about questions like "what is a required minimum distribution or rmd?" or planning for retirement Zuuply.com can help with retirement planning advice and answers to your questions.