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When you are coordinating distributions from your IRA (or other qualified retirement plan), knowing the following numbers and terms is important—and the timing of your distribution is key to avoiding potential tax penalties. Below is a breakdown of these essential numbers, letters, and terms.
If you would like to learn more about how a QCD might be of greatest benefit to your specific circumstances, please contact our office for a no-obligation consultation. We would be happy to assist you.
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