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2. Avoid These 3 Common Required Minimum Distribution (RMD ... - AOL

   www.aol.com/finance/avoid-3-common-required...

   Those who turned 73 last year have until April 1, 2025, to take their first RMD. As long as you do this, you can avoid the 25% penalty tax the IRS assesses on the money you should have withdrawn ...

3. Avoid These 3 Common Required Minimum Distribution (RMD ... - AOL

   www.aol.com/avoid-3-common-required-minimum...

   For example, if you're 75 with a $100,000 IRA balance, you'd divide $100,000 by the 24.6 distribution period for 75-year-olds to get an RMD of $4,065. The IRS typically assesses a 25% tax penalty ...

4. Avoid These 3 Common Required Minimum Distribution (RMD ... - AOL

   www.aol.com/avoid-3-common-required-minimum...

   Knowing the rules can help you avoid significant penalties. ... When you turn 73, you'll be faced with required minimum distributions, or RMDs. People who inherit IRAs will often also have RMDs.

5. Avoid These 3 Common Required Minimum Distribution (RMD ... - AOL

   www.aol.com/avoid-3-common-required-minimum...

   The IRS waived the RMD requirements for inherited IRAs from 2020 through 2024, but they'll go into effect in 2025 with the same Dec. 31 deadline. Even if you're just a day late, you'll owe a tax ...

6. Don't Forget About These 3 Required Minimum Distribution (RMD ...

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   There was a workaround that retirees could use if they needed to avoid RMDs in the past: They could roll over their Roth 401(k) to a Roth IRA. ... The combination of the RMD rules on Roth 401(k)s ...

7. I'm About to Turn 73. How Do I Avoid RMD Taxes? - AOL

   www.aol.com/turn-73-avoid-rmd-taxes-140103099.html

   How Do I Avoid RMD Taxes? appeared first on SmartReads by SmartAsset. The IRS allows workers to put aside pre-tax earnings in traditional Individual Retirement Accounts, 401(k) and similar ...

8. What Happens If You Don't Take a Required Minimum ... - AOL

   www.aol.com/happens-dont-required-minimum...

   How to avoid missed RMDs in the future. Making sure that you take out the required amount from your retirement accounts each year mostly comes down to understanding the RMD rules.

9. 6 Strategies to Help Lower RMD Taxes - AOL

   www.aol.com/finance/6-strategies-help-lower-rmd...

   Applying RMD strategies can be a simple way to reduce what you owe in taxes during retirement. You can use just one strategy or apply several in order to bring down your tax bill.