If you’ve saved for your retirement in tax-deferred retirement accounts like IRAs and 401ks, you’ll have to take Required Minimum Distributions when you reach age 72 and the distributions are taxable the moment you take them out. 0The more you saved, the larger the required distribution! There are ways to reduce how much of that distribution is taxable.
Here Are Just a Handful of the Things That We'll Discuss:
- QCD Basics
- QCD Rules