CPA Blog

CPA & Accounting Topics for Business
Jan
28

Top Things You Need to Know About Required Minimum Distributions (RMDs)

What is an RMD? A required minimum distribution is the minimum amount that you must withdraw from your IRA or retirement plan account each year.When do I have to take an RMD? You need to take an RMD each year after you reach age 72 or age 70 ½ if you...
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