RMD

Noun

Meaning

(uncountable, archaic) Initialism of ready money down, i.e. paid immediately at time of purchase.

(countable, US, finance) Initialism of required minimum distribution.

Source: en.wiktionary.org

Examples

But for some, the RMD takes away a tax break well-off people would prefer to keep. Source: Internet

The new law also changed the RMD rules for defined contribution plans and IRAs upon death of the employee or owner. Source: Internet

Similarly, a 403(b) contract owner must calculate the RMD separately for each 403(b) but can take the total amount from one or more of the 403(b)contracts. Source: Internet

Annie Idibia, Tiwa Savage, Ali Baba & RMD at the Launch of 2Face’s Biography “A Very Good Bad Guy” Source: Internet

As an alternative idea, Titus suggests that those who are 70 1/2 donate a portion or all of their Required Minimum Distributions (RMD) from their retirement accounts. Source: Internet

RMD frowns at fake life style on social. Source: Internet

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