Series 7: 16.5. Required Minimum Distributions

Taken from our Series 7 Online Guide

16.5. Required Minimum Distributions

Required minimum distributions (RMDs) refer to the amount of money that must be taken out of a qualified retirement account after the account holder turns 72 years old (increasing to 73 in 2023). The minimum amount is determined by the account holder’s life expectancy according to tables researched a

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