Required Minimum Distribution to be taken by year end
Taxpayers born before July 1, 1948, generally must receive Required Minimum Distribution (RMD) payments from their Individual Retirement Arrangements (IRAs) and workplace retirement plans (including Section 401(k) , 403(b) , and 457(b) plans) by Dec. 31, 2018. A special rule allows those who reached age 70 1/2 during 2018 to wait until as late as […]