Trusting Required Minimum Distributions
Required minimum distributions are the minimum amounts that must be withdrawn from a retirement account annually when the retiree turns 72. They apply to 401(k) plans and similar company-provided plans, as well as most individual retirement accounts. While most account holders take more than their yearly RMD, the withdrawals can be a pain for those who don’t need the money.
Source: https://etfdb.com/retirement-income-channel/trusting-required-minimum-distributions/
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