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5 RMD Strategies to Help Safeguard Your Retirement, Maximize Your Legacy

February 14, 2020

From the Kiplinger website

In December, the SECURE Act became law and changed the way required minimum distributions (RMDs) from IRAs and other qualified accounts work. 

Officially called the Setting Every Community Up for Retirement Enhancement Act of 2019, the SECURE Act shifted the starting age at which people generally must take RMDs from 70½ to 72 years old. (For those who turned 70½ during or before 2019, the former rule still applies.)

Baby Boomers hold 54% of all U.S. household wealth and account for almost 50% of consumer spending — and yet many were winging it as they moved into retirement. Experts have urged them to get it together regarding financial planning.

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