In the News

Title

How to put your RMD to work (and avoid a 50% penalty)

Document Type

Article

Publication Date

11-15-2016

Abstract

It's that time of year again, the time when people 70 and up are scratching their heads about RMDs — required minimum distributions.

At age 70½, holders of non-Roth individual retirement accounts are required by the IRS to begin withdrawing money from those accounts every year.