Should You Take an Extra Big RMD This Year?
by Mike Palmer, CFP
Nov 23, 2021
2 minutes
As most IRA investors know, once one reaches age 72, IRS rules require them to take a certain minimum amount from their IRA each year. Many investors do just that — take the minimum — thinking that strategy leaves more assets to grow tax-deferred. But tax changes in recent years are a reason to revisit one’s IRA distribution strategy.
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