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Vanguard alert: Retirees keep triggering avoidable tax penalties
Retirees who spent decades diligently saving are now losing thousands of dollars to tax penalties that are entirely preventable. The problem is not exotic hedge funds or speculative bets, but ...
Vanguard says millions of elderly retirees are making a critical mistake that leads to tax penalties
Many Vanguard clients in their 70s and above missed required minimum distributions from retirement accounts in 2024. Missing RMDs can lead to tax penalties of between 10% and 25% the required amount.
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