Series 24: 3.10.4. Required Minimum Distributions (RMDs)

Taken from our Series 24 Online Guide

3.10.4. Required Minimum Distributions (RMDs)

Required minimum distributions refer to the amount of money that must be taken out of a qualified retirement account starting the year in which the account holder turns 72 years old. The minimum amount is determined by the account holder’s life expectancy, as found on tables the IRS develops, and th

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