Walgreens has joined the price cut wars by reducing prices on 1,500 items, following in the footsteps of Target, Walmart, and Amazon. The move is aimed at increasing competitiveness and attracting more customers in the retail market. With the constant battle for consumers’ attention, these price cuts are expected to benefit shoppers looking for deals on everyday items.
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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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