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“Early” beneficiary IRA RMD to offset medical expenses
“Early” beneficiary IRA RMD to offset medical expenses My dad passed away earlier this year, having satisfied his IRA RMD for 2024. I’m the beneficiary of the IRA now, and know I have to start taking my RMDs starting next year. i had a lot of health issues this year, so my medical expenses are significantly higher. If I take my first beneficiary RMD in 2024, will the medical deductions (I itemize) h...
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