Sign up to save your podcasts
Or
Share Do you know one the stiffest penalties in the tax code could impact your IRA?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Do you know one the stiffest penalties in the tax code could impact your IRA?
Age 72 is the new age requirement for beginning Required Minimum Distributions (RMD’s). The penalty for not taking the correct withdrawal is 50% so you have to get this right! The word “Required” should clue you into the fact that the IRS is serious about these withdrawals.
Connect with Financial Enhancement Group:
Visit our Facebook page at www.Facebook.com/FinancialEnhancementGroup
Join our Facebook Group at www.yourlifeafterwork.com/FinancialTidbits
Visit our website at www.yourlifeafterwork.com
We would love to answer your questions on air!
Give us a call at 800-928-4001 or send them to [email protected]
View all episodes
By Joe Clark
5
11 ratings
Age 72 is the new age requirement for beginning Required Minimum Distributions (RMD’s). The penalty for not taking the correct withdrawal is 50% so you have to get this right! The word “Required” should clue you into the fact that the IRS is serious about these withdrawals.
Connect with Financial Enhancement Group:
Visit our Facebook page at www.Facebook.com/FinancialEnhancementGroup
Join our Facebook Group at www.yourlifeafterwork.com/FinancialTidbits
Visit our website at www.yourlifeafterwork.com
We would love to answer your questions on air!
Give us a call at 800-928-4001 or send them to [email protected]
More shows like Consider This Program - Main
View all
Retirement Answer Man
1,312 Listeners