Tag: RMDs
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…
There is a risk that people will spend and consume too little. 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…
