Your Money Show Brett Goldstein

Your Money Show – Avoid IRA and 401k Penalties

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When you turn 70 ½, the IRS requires that you start withdrawing a minimum amount of money from your IRA. This is known as a Required Minimum Distribution or RMD. If you inherit an IRA from anyone other than your spouse and you are a beneficiary, you have to take RMDs starting the year after […] The post Your Money Show – Avoid IRA and 401k Penalties appeared first on WebTalkRadio.net.