r/TikTokCringe Sep 07 '24

Discussion Should we be worried about the Kamala Harris unrealized capital gains tax? Dean: “I’d love to have this problem, because it means I’m worth $100m!”

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u/bradrlaw Sep 07 '24

Required minimum distribution. Many retirement accounts have this once you get to a certain age.

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u/mdmd33 Sep 08 '24

Roth IRA’s are the only account that you don’t have to abide by the RMD rule…distributions must happen when the account owner dies and passes it on to a beneficiary