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Subject:  Re: New IRA & 401k rule? Date:  1/15/2001  7:18 PM
Author:  intercst Number:  27209 of 91095

Elle asks,

Just saw a report on NBC nightly news about a change from the IRS concerning IRA's and 401k's. It did not explain very well and only mentioned "26 years to deplete rule". This is the first I have heard about this.Can anyone explain? My husband and I are 50 and are planning on retirement at 55.

Here's a link detailing the proposed changes.

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