Tag: required minimum distributions
Arguing that we need to delay withdrawals to 75 as a work incentive doesn’t hold water. In a recent meeting I attended, participants were bemoaning the fact that people are reluctant to withdraw their 401(k) accumulations. Much emphasis was placed on the word “decumulation,” which apparently has negative connotations. The answer apparently is to replac…
Why RMDs are important – we do not want to force sales of depressed assets. The current Required Minimum Distribution (RMD) rules are a useful tool to ensure that the favorable tax provisions associated with retirement plans are used to generate retirement income – not to enhance the size of estates. But given t…