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Your first client is a retired mid-level manager from a plastics company. He is 75 years old and his IRA was worth $775,494.3 on December
Your first client is a retired mid-level manager from a plastics company. He is 75 years old and his IRA was worth $775,494.3 on December 31st of last year and the current value is $660,039.67. His wife turns 72 years old next month. What is this client's RMD amount for the current tax year? Round your answer to the nearest dollar amount
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