Latest News
Taking a closer look at Required Minimum Distributions
We all agree retirement accounts such as IRAs and 401(k)s are important way for individuals to save money for their golden years on a tax-advantaged basis. However, there are rules that need to be followed and failing to do so can be costly. According to Fidelity Investments, a full 61 percent of traditional IRAs account holders were not taking their full required minimum distributions (RMDs) and may soon face a penalty. The attached article takes a closer look at RMDs and what you need to know about them. Read article here…
Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org