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  "notes": "Includes detailed footnotes regarding IRS tables and specific retirement plan exceptions.",
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      "text": "Please bear in mind, if you choose to take both RMDs in a single tax year, it could cost you more in taxes by pushing you into a higher tax bracket as both distributions will be taxable in 2025.",
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      "text": "1 Please note that the timing of the increase to age 75 is pending clarification... 2 Each year, you'll divide your account balance... 3 Roth IRAs are not subject to required minimum distributions...",
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      "text": "Required minimum distributions (RMDs), as a percentage of a Traditional IRA balance, at each age. Uses distribution periods based on the IRS's Uniform Lifetime Table.",
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      "text": "How much will the RMD be each year?",
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      "text": "You must take your first RMD by April 1 of the year after the year you attain your applicable RMD age. For every subsequent year, you must take the RMD by 31 December.",
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      "text": "Example: If you turn age 73 in 2024, you have until 1 April 2025 to satisfy your first RMD (2024's RMD). And you'll have until 31 December 2025 to take your second RMD. Please bear in mind, if you choose to take both RMDs in a single tax year, it could cost you more in taxes by pushing you into a higher tax bracket as both distributions will be taxable in 2025.",
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      "text": "When do you need to take your first RMD?",
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      "text": "Source: IRS, UBS.",
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      "text": "Birth year: 1951-1959 (73), 1960 or later (75)",
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