required minimum distribution Archives ⋆ Joseph L. Motta Co.

Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. RMDs begin when a person reaches either age 72, 70½ if they reached this age before January 1, 2020, or the year Read More …

How Do I Fix a Mistake with My Required Minimum Distribution?

November 15, 2020November 17, 2020

The rules around required minimum distributions from retirement accounts are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you can take to fix the error and possibly avoid a stiff penalty. Read More …

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What You Should Know About Required Minimum Distribution

How Do I Fix a Mistake with My Required Minimum Distribution?

Joseph L. Motta Co.