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Should the Required Minimum Distribution Age Be Raised?
MarketWatch
[Opinion] Mar. 31, 2017 "The oldest of the 75 million baby boomers in the U.S. turned 70-1/2 on July 1, 2016, which means they must take their first required withdrawal ... by April 1 of this year. That represents the start of a lot of money being pulled out of retirement accounts over the next few decades. Couple that with higher life-expectancy rates, and many have started to wonder if the age for those required minimum distributions, or RMDs, should be raised -- or even eliminated[.]" MORE >> |
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