Savvy Senior: IRS wants its cut of retirement –

Savvy Senior: IRS wants its cut of retirement
Beginning at age 70½, the IRS requires all seniors that own tax-deferred retirement accounts — like traditional IRAs, SEP IRAs, SIMPLE IRAs, SARSEPs, 401(k)s, 403(b)s and 457s — must start taking annual required minimum distributions (RMDs), and pay …
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