Clients who are approaching retirement fearing that they haven’t saved enough in their retirement accounts should know that there is a major advantage to simply staying on the job at the employer sponsoring that plan.
The IRS waives the otherwise required minimum annual distribution of 3.65% that kicks in when a person reaches 70 ½ for those who continue to work even a few hours a week for the employer sponsoring the defined-contribution plan.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access