IRS Reduces Minimum Withdrawal Amounts For IRAs And 401(k) Plans
The IRS recently finalized new regulations that determine the minimum amounts that retirees must withdraw from their retirement accounts and include in their taxable income. These new rules will apply to withdrawals made during 2022 and thereafter.
Original Article Source Credits: Forbes , https://www.forbes.com/
Article Written By: Steve Vernon
Original Article Posted on: Dec 23, 2020