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What's an RMD? How does it affect my retirement plan? Are you confused about Required Minimum Distributions (RMDs) from your IRA? You're not alone! Join Douglas Goldstein as he breaks down the complexities of RMDs in a way that's simple and easy to understand.
We'll discuss how RMDs work, who they apply to, and what happens if you forget to take your RMD (spoiler alert: there's a penalty). Plus, we'll explore a game-changing strategy for avoiding taxes when taking out your RMD.
Enjoyed learning from this post? Don't forget to share it, and to give a 👍 to the "Goldstein on Gelt" show for more insightful financial podcasts tailored for life in Israel.
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