create five different hypothetical clients demonstrating the key differences in RMDs. Please choose a different set of case facts for each and calculate the distribution amounts for each scenario.
Please double space and use Times New Roman 12 point font and include an APA formatted reference section.
Tip: Consider clients who are over age 71 already, those turning 71 soon, those turning 72 soon, clients who may have inherited an IRA (spouses and non-spouses). And keep in mind the changes imposed by the SECURE Act and ignore any changes made by the CARES Act.
Sample Solution