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In retirement, it is crucial to understand which Required Minimum Distribution (RMD) table you will be subject to each year. Failing to calculate your RMD correctly can result in a costly penalty of 50% of the miscalculated amount. This penalty can easily be avoided by knowing the correct RMD table and calculating your RMD accurately. In this video, the three RMD tables are thoroughly explained to help retirees avoid this costly mistake.