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401k Withdrawal - RMD Required Minimum Distribution. Retirement Saving Account There’re rules and regulations that we have to follow when you have 401k/IRA account. Beside early withdrawal penalty, when you turn 72 years old, you have to start taking RMD - Required Minimum Distribution. If you don’t start taking RMD, you will get penalized for following the rules. #401ktrap #401krule #requiredminimumdistributions #huufinancial #retirementplanning #401kwithdrawal
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