Jack turns age 72 on October 24, 2022. Although he technically has until April 15th of 2023, to take his first Required Minimum Distribution (RMD) he wants to take his first distribution in 2022 to avoid having to take out two distributions in 2022 (one would be based on calculations from 2022 and the other based on calculations from 2023). Jack has two IRAs. One was valued at $220,000 on 12/31/21 and the other was valued at $430,000 on 12/31/21. These two IRAs are currently worth $675,000 How much does Jack have to take out of his IRAs in 2021 to satisfy his RMD requirement for 2021? $24,635.04 $8,750.00 $23,722.63 $15,808.82 Jack turns age 72 on October 24, 2022. Although he technically has until April 15th of 2023, to take his first Required Minimum Distribution (RMD) he wants to take his first distribution in 2022 to avoid having to take out two distributions in 2022 (one would be based on calculations from 2022 and the other based on calculations from 2023). Jack has two IRAs. One was valued at $220,000 on 12/31/21 and the other was valued at $430,000 on 12/31/21. These two IRAs are currently worth $675,000 How much does Jack have to take out of his IRAs in 2021 to satisfy his RMD requirement for 2021? $24,635.04 $8,750.00 $23,722.63 $15,808.82