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IRAs: Calculating your RMDs


Waiting until age 72 to start withdrawing money from your IRA/401k seems like smart tax strategy on the surface, but when you view it over a lifetime it creates a tax problem for your heirs. REQUIRED MINIMUM DISTRIBUTIONS (RMDs) as a distribution strategy puts you on the government’s plan for distribution. Consider a distribution strategy starting in your 60s designed to lower your overall IRA tax over your lifetime. Questions? Email us at Hans@CardinalGuide.com, call us at (919) 535-8261, or visit our website at CardinalGuide.com....(read more)


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