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Planning for RMDs

401k8 (Demo)

Required minimum distributions, or RMDs, are an important aspect of planning for retirement that can affect your retirement income strategy. Understanding and estimating your RMD can help you create a retirement income plan before you  are even required to take your first withdrawal. This month, Vanguard explains required minimum distributions in more detail and provides a calculator that will allow you to project your RMDs—even if they are decades away.

Click here for Vanguard’s calculator.