You have done the right thing for years. You have diligently saved and accumulated funds in your IRA. At some point, the funds that you have put away for years must come out. Uncle Sam wants his share. When you reach age 70 ½, you must take a required minimum distribution (RMD) for that year and
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Robert in Pontchatoula calls Winning at Life with Gregory Ricks to find out how his high income will affect his Social Security checks and Medicaid premiums.
Winning at Life with Gregory Ricks explains the dire straights of the Louisiana Medicaid Trust Fund for the Elderly, and gives guidance on how to be prepared.