What are required minimum distributions?
Within the year a plan owner turns 70 ½ years of age, s/he is required to start taking required minimum distributions (RMDs) annually from their plan UNLESS they retire after reaching that age. [...]
DISTRIBUTIONS
DISCLAIMER: Advanta IRA does not offer investment, tax, financial, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) licensed in that area before entering into any type of investment.
|