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TAX PLANNING

Do Beneficiaries Have To Take RMDs?

By The BIDaWIZ Team on September 19th, 2014 at 5:31 pm

beneficiary-rmd
Those fortunate enough to be named a beneficiary of a retirement account will want to know the nuances for reporting income on their tax return. This is specifically important when the account holder passes away before or after the time they are supposed to take required minimum distributions (RMDs). .
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