What Are Required Minimum Distributions?

The IRS spends a lot of energy making sure people don’t tap their retirement accounts, imposing taxes and penalties on most early withdrawals. So it might surprise you to learn that at a certain point, the agency forces you to take money out of your account through required minimum distributions. These distributions, often referred to as RMDs,…

from NerdWallet
https://www.nerdwallet.com/blog/investing/required-minimum-distributions/

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