Tax-Deferred Retirement Savings Plans in Later Life
Money Talk
SEPTEMBER 14, 2023
One of the niche audiences for my business, Money Talk , is older adults grappling with financial issues such as creation of a retirement “paycheck,” paying taxes on required minimum distributions (RMDs), and simplifying financial accounts. For example, $100,000 ÷ 26.5 (the the divisor for age 73) = $3,774 (rounded).
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