Retirement Savings Vehicles - Finra Foundation

Statutory retirement plans (qualified retirement plans, 403(b) and 457 plans, and individual retirement accounts and annuities (“IRAs”)), are subject to annual required minimum distributions (“RMDs”) under Internal Revenue Code section 401(a)(9). The RMD must be taken by April 1 following the year in which the employee attains age 70 1/2. ................
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