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

59 1/2 R and RMD withdrawal rules - RMD in bold letters on paper with spreadsheet in background.

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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