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To Limit RMD Bite, Shift to Roth IRA

By JOEL FRANK
Posted 1/12/22

We all know what "sticker shock" is when it comes to buying a new car.

Required Minimum Distributions from pre-tax retirement accounts begin at age 72. A client of mine just informed me that his first RMD from his IRA will be $68,588. He is experiencing RMD shock because RMDs are taxable.

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