Blog posts tagged with "rmd"
As tax day approaches, there are two other April deadlines that may apply to you. If you have an IRA, take note of these dates:
As an IRA owner, you've probably heard about required minimum distributions (RMDs). These account withdrawals, which are mandatory once you reach age 70 &1/2;, are coupled with a steep penalty for noncompliance, and you're generally required to take...
If you're over 70 1/2; and are required to take distributions from your IRA or other retirement account, remember that you must take your 2016 required minimum distribution by December 31.