Make it a priority to take your minimum required distribution (MRD) from your IRA 401 (k) before the end of the year! Not only is there a penalty of 50% tax on the amount not taken, you could also be pushed into a different tax bracket.

Call 866-800-4771 for retirement planning.
Are you over 70 1/2?
- Post author:Ashok Sanghavi
- Post published:January 17, 2015
- Post category:Estate Taxes & Gift Tax exemptions
- Post comments:0 Comments