Tag: RMDs
For the last few years, my colleagues and I have been focusing on the drawdown aspect of 401(k) plans. The time has come when the first cohort of workers will retire entirely reliant on the accumulations in their 401(k)s and IRAs (mostly rollovers from 401(k)s) to supplement their Social Security benefit. And this shift is…
Three changes to RMDs I’d like to see. On August 31, President Trump signed an executive order to make it easier for small employers to offer 401(k)s through multiple-employer plans and to review the rules on required minimum distributions (RMDs). Expanding access to multiple employer plans is a good idea and a central component of…