Required Minimum Distributions - Suspended for 2009

Wednesday, January 14, 2009

Congress took action in December 2008 to suspend the requirement to withdraw a minimum amount from qualified retirement accounts such as 401(k)s and 403(b)s during 2009. If you are 70 1/2, or will be in 2009, it's important to understand the ramifications of the suspension and how it might affect your retirement income.

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