Required Minimum Distribution: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages and IRS webpage https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds) |
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Revision as of 00:20, 20 April 2020
Pensions - defined contribution - US.
(RMD).
Retirement funds may not be kept in US tax-advantaged retirement accounts - such as 401(k) plans - indefinitely.
RMDs specify minimum annual amounts which must be withdrawn from retirement accounts, and which will then generally be taxable.
