Estate Planning Pitfall – You plan to take a retirement distribution later this year
$225.00
Description
Abstract: Those who have retirement plans such as IRAs and 401(k)s must take required minimum distributions (RMDs) when reaching age 70½. This is a problem for those whose assets have taken a tumble during this recession. In response, recent legislation has allowed a suspension of this requirement for 2009, thus giving account holders a little more time to rebuild their assets in these tax-deferred vehicles.
Additional information
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