Secure Act 2.0 – Tax Planning Opportunities Related to Delayed Required Minimum Distribution Requirements
Those who reach age 72 in 2023 or beyond now have more time to opportunistically take distributions from their tax-deferred accounts in efforts to minimize their tax liability over their retirement years.1 For those who will turn 72 in 2023-2031, RMDs must begin at age 73; for those who turn 72 in 2032 or later, Required…
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