It’s critical to avoid these required-minimum-distribution mistakes
If you own an Individual Retirement Account or (IRA), you probably already know about Required Minimum Distributions (RMDs) — withdrawal requirements from your tax-deferred savings accounts once you reach a certain age. The rules for RMDs can be quite confusing, but with a clear understanding of what they mean and additional tips on how to satisfy the requirements, you can make the most of your RMDs. Here are some key points to understand when it comes to them.