Rapper Rick Ross is auctioning off items from his personal collection, including luxury watches, designer clothing, and rare memorabilia. Fans have the opportunity to own pieces that once belonged to the hip-hop mogul, adding a touch of glamour to their own collections. With exclusive items up for grabs, this auction is sure to attract a lot of attention from music and fashion enthusiasts alike.
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Taking Your Required Minimum Distribution (RMD) Right Now Could be a Brilliant Move for Retirees
Investing in retirement accounts like IRAs and 401(k)s offers tax advantages, as contributions are tax-deductible and earnings are tax-deferred until withdrawal. However, starting at age 73, individuals must take required minimum distributions (RMDs), which can create a tax burden if reinvested improperly. Taking RMDs during market downturns can be beneficial, as it allows investors to withdraw more shares, reinvest them in taxable accounts for potentially lower capital gains taxes, and reduce future RMDs. Full Article
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