478. Tax Wisdom: Year-End Moves for a Financially Savvy Future feat. Sean Mullaney (The FI Tax Guy)
Earn & Invest
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Required Minimum Distributions for Retirement Accounts
They discuss the two types of required minimum distributions (RMDs) for retirement accounts: one for individuals who have built up their retirement assets and must start taking distributions based on their age, and the other for those who have inherited retirement accounts. They emphasize the importance of strategic planning to avoid penalties and tax burdens.
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