Important Changes to IRA and Pension Distribution Rules
This article deals with the new Internal Revenue Service rules pertaining to annual minimum required distributions (MRD) from IRAs and other tax-deferred retirement accounts.
This column has included many articles stressing the importance of contributing to employer-sponsored retirement plans as well as individual retirement accounts (IRAs). The importance of these to your long-term financial well being is underscored by the ongoing increases in longevity, rapidly increasing medical costs for the elderly and looming projected deficits in Social Security funding.
This article deals with the new Internal Revenue Service rules pertaining to annual minimum required distributions (MRD) from IRAs and other tax-deferred retirement accounts such as: