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Retirement Plan Experts Applaud Raising RMD
They say it will give retirement plan participants a longer window in which to increase their savings, tax deferred.
Reported by
Retirement plan experts have applauded the regulatory change to increase the required minimum distribution (RMD) age from 70.5 to 72, as directed by the Setting Every Community Up for Retirement Enhancement (SECURE) Act
. The proposed Securing a Strong Retirement Act of 2020, which many are calling the “SECURE Act 2.0” would raise it even higher, to age 75.
Many experts say extending the period in which people are not required to begin withdrawing money from a qualified retirement account gives people a longer window in which to continue to contribute to their plans and grow their money while deferring taxes. Some even say the longer period might give plan participants a chance to think about various types of drawdown strategies, including investing some of their money in annuities with ....

United States , Paul Sommerstad , Catherine Reilly , Paul Richman , Setting Every Community Up For Retirement Enhancement , Retirement Institute , Retirement Enhancement , Strong Retirement Act , Insured Retirement Institute , Cerity Partners , Social Security , ஒன்றுபட்டது மாநிலங்களில் , கேத்தரின் ரெய்லி , பால் பணக்காரன் , அமைப்பு ஒவ்வொன்றும் சமூக மேலே க்கு ஓய்வு விரிவாக்கம் , ஓய்வு நிறுவனம் , ஓய்வு விரிவாக்கம் , வலுவான ஓய்வு நாடகம் , காப்பீடு செய்யப்பட்டது ஓய்வு நிறுவனம் , சமூக பாதுகாப்பு ,