Take Your 2021 Required Minimum Distributions (RMD)
By: Steven Leibold, EA Tax Planning Views: 1647 | Comments: 0 | Votes: 0
Required Minimum Distributions (RMD) are required taxable distributions from qualified retirement plans and are commonly associated with traditional IRAs, but they also apply to 401(k)s and SEP IRAs. The tax code does not allow taxpayers to indefinitely keep funds in their qualified retirement plans. More