Taxes & Tax Planning Help

Retirement Plans: How To Reduce Your Required Minimum Distribution by up to 25 Percent

By Brian Vnak

Last year, the IRS completed regulations approving a method for certain retired individuals to lower their annual required minimum distribution, RMD, amount by as much as 25%. The IRS regulation allows the purchase of a specific type of annuity dubbed a QLAC, qualified longevity annuity contract, that can be… Read Full Story

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