Retirees Must Meet THIS Deadline by April 1 to Avoid 25% IRS Penalty
30 Mar 2025
US retirees who are turning 72 years old are required to adhere to the Rule of Required Minimum Distribution (RMD) by April 1 to escape penalties from the Internal Revenue Service (IRS). The rule ensures that retirees take a minimum amount out of their retirement plans each year. If they...
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