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Delaying Required IRA Distributions—Again— Would Largely Help Only The Wealthy

"The committee bill, approved today, would make two big changes to RMDs. It would allow retirees to wait until age 75 before taking required minimum annual distributions and paying tax on them. Currently, they must begin taking distributions at age 72. And it would make it easier for older adults to avoid taking required distributions by investing their retirement funds in annuities."

Though this may benefit not only the more wealthy but folks that continue to work later in life. I see this as a win/win for the financial and tax savvy investors.

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