IRS Reduces RMD Amounts For IRAs And 401(k) Plans

The new rules are expected to begin in 2022 slightly reducing the required minimum distribution (RMD) for retirees.
irs-reduces-minimum-withdrawal-amounts-for-iras-and-401k-plans

The IRS recently finalized new regulations that determine the minimum amounts that retirees must withdraw from their retirement accounts and include in their taxable income. These new rules will apply to withdrawals made during 2022 and thereafter.

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