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Retirement tax questions
At age 72, RMD is required.
If you have a large Traditional IRA get used to a big tax bill, and then Medicare and Part D surcharge and net investment income surcharge for being well off in your old age.
There's nothing you can do about it.
Your friends in Congress are still searching for even more ways to confiscate your IRA distribution.
Do not complain, when compared to what other financially strapped fellow citizens are going through.
‎July 21, 2022
10:01 PM
619 Views