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What is a Required Minimum Distribution (RMD)

What is a Required Minimum Distribution (RMD)

Written By: Jeremy Smith | Amerishield Qualified retirement plans offer tax benefits if you follow a few IRS rules. Retirement Plans are intended for Retirement Penalties for early withdrawal help discourage early withdraws and guides investors to withdraw their qualified funds during their retirement years. Required Minimum Distributions The government also wants to ensure that they will one day be able to tax these funds which should create a much larger collectable tax. If you have a 401(k), a Keogh, a SEP or a traditional...

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