Question
Harry became age 72 in 2022. Which of the following choices is correct concerning his need to take required minimum distributions from his traditional individual
Harry became age 72 in 2022. Which of the following choices is correct concerning his need to take required minimum distributions from his traditional individual retirement account?
A. No RMD is required
B. RMDs must begin by April 1, 2022
C. RMDs must begin by April 1, 2023
D. RMDs are delayed for Harry until December 31, 2023
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Walter B Meigs
5th Edition
007041551X, 9780070415515
