3 Common RMD Mistakes to Avoid
If you haven't taken your 2026 RMDs yet, you definitely need to read this.
Overview
Required minimum distributions (RMDs) can add thousands of dollars to your tax bill, even when done correctly. Done incorrectly, they can prove even more costly, so it's important to understand the rules surrounding these withdrawals before you move any money.
There are three major mistakes that can come back to bite you. They may not all apply to you right now, but keep them in mind in case they come up in future years.
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Details
Source
Originally published at www.fool.com.
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