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The New Retirement Law Lets You Delay RMDs. That Doesn’t Mean You Should.

Por: MarketWatch Business January 15, 2023

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The changes most immediately affect those who turn 72 this year, who would otherwise have been required to take their RMD by April 1, 2024. (The Internal Revenue Service gives first-timers a grace period until spring of the following year; in all subsequent years, RMDs must be taken by year-end.) Your RMD is calculated by dividing your retirement account balance as of Dec. 31 of the prior year by what the IRS calls your “life expectancy... + full article



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