Here's What Your 2026 RMD Could Be If You Have $500,000 in Your IRA
This could have a serious effect on your tax bill this year.
Here's What Your 2026 RMD Could Be If You Have $500,000 in Your IRA
Overview
If you haven't thought about your 2026 required minimum distribution (RMD) yet, now's probably a good time to start, especially if you have $500,000 in your IRA. That can result in a pretty substantial RMD, and you may not want to take that money out in a lump sum.
Here's how to calculate your RMD and what you can do to avoid a single, large withdrawal when your investments are down.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
