As inflation shrinks the buying power of seniors’ retirement accounts, Required Minimum Distribution (RMD) calculations add another layer of financial burden. I propose a policy of indexing the previous 3 year average inflation rates as a subtraction factor in the annual RMD calculations to compensate for the losses from inflation.
Abolish RMD’s all together. Save savers should not be required to make any withdrawals.
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I agree with abolishing RMDs altogether. It’s no business of the gov’t to dictate this to us.