Related Products

moneytip

Minimum distributions do not have to begin until April 1st of the year following the attainment of age 70 1/2. This date is referred to as the required beginning date. All future minimum distributions must occur by December...

Click to read more

moneytip

When calculating minimum distributions, all owners of retirement plans use the Uniform Lifetime table to determine the life expectancy factor, except an owner with a spouse, who is the only beneficiary on the account and...

Click to read more

moneytip

An owner of a retirement plan does not have to begin taking minimum distributions from a plan if the owner is still employed with the company sponsoring the plan, unless he owns more than five percent of the company stock....

Click to read more