If you have been fortunate enough to be over the age of 70 1/2 and own a retirement account you have some new requirements. These requirements are to take mandatory distributions. If you miss the distribution you may be subjected to a 50% penalty. We help people like you with Required Minimum Distribution Planning.
Ed Slott
Even the family member of the nation’s expert on such matters, Ed Slott, can have issues. Read this entertaining article, it is also informative
Required Minimum Distribution Planning – we can help you
We have ways to assist you in getting your mandatory distributions managed. If you would like some help, let us know.