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Financial Planning / Tax Strategies


Subject:  RMDs on IRA and 401(k) Date:  9/22/2013  9:18 PM
Author:  culcha Number:  119192 of 124818

My understanding is that RMDs on traditional IRAs kick in when the holder of the IRA becomes 70 and a half (even if he is still working), whereas (as long as the person is still working) he doesn't yet have to take any RMDs from the 401(k). Correct?

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