Tag: RMD
More than one of this blog’s readers said a recent article about 401(k)s was hardly revelatory. But it sure generated a lot of comments. Ed McGrath wrote this about “Retirees with Pensions Slower to Spend 401(k):” “Well thank you for this Caption Obvious.” Perhaps the article struck a nerve because baby boomers are the generation…
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…