If you are 70 years old or older, you know what an RMD is, or you should if you have an IRA. If you are getting close to 70 you need to understand what an RMD means and how it impacts your IRA. Making a proper RMD calculation is required by tax law and you don’t want a penalty for doing an improper calculation. Bill Few Associates has experienced financial advisors who can explain to you that RMD stands for Required Minimum Distribution. The advisors at Bill Few Associates can help you calculate your RMD and help you manage your IRA.
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