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On the Your Money, Your Wealth® podcast, Joe Anderson, CFP® and Big Al Clopine answer two questions related to required minimum distributions:

:07 – Alice: “I have a Roth IRA & will be 71 in February 2019. Am I required to take a required amount of money out every month?”

01:33 – Maria: “I just turned 70 and a friend told me I could start taking RMD nor or in Jan. and then another one in 2020 to minimize the impact of taxes. is this true? When is the best time to start RMD to lower tax impact? Thank you.”

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