Forced to Withdraw from Retirement Accounts?!- What you need to know

Forced to Withdraw from Retirement Accounts?!- What you need to know

We’re always being reminded to save for retirement in tax-advantaged accounts like 401(k)s or IRAs. But once we reach retirement, did you know the government does an about-face and forces us to take money out of those accounts? It’s called the required minimum distribution (RMD) rule. Here are some tips you should know about RMDs well before you reach retirement age.

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By | 2017-12-17T06:20:11+00:00 November 24th, 2017|Tax, Weekly Tip|0 Comments

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