GeneralThe WorryFree Retirement® Blog

Required Minimum Distributions – Q&A

By July 12, 2021 No Comments
For years, the magic age the government forced savers to draw money out of their 401(k) or IRA, something called your Required Minimum Distribution – or RMD – was age 70 ½.
That recently changed to age 72. But is this change a good thing and what are the penalties if you don’t follow the rules?
Click the image below to view the full PDF and let us know if we can help set up a tax strategy to keep more of your hard-earned money in your pocket!

Leave a Reply