Required Minimum Distributions

If you are a SavvyReader that is within five years of retirement, you should be developing an order of withdrawal plan for your various retirement accounts.  A part of that withdrawal plan will include your Social Security pension and it would behoove you to be aware of the RMD requirement.  And if you are a SavvyReader that is quite a few years away from retirement, you should share this information with your parents or grandparents as they approach 70½ years of age. Required Minimum Distributions (RMD) is a condition imposed Read the Full Story