Retirees and preretirees who don't understand the rules governing required minimum distributions—and who may not realize it till tax time—can get some help from the Financial Industry Regulatory Authority (FINRA).

FINRA has issued an alert offering both basic information about RMDs and providing answers to common RMD questions, focusing on RMDs from traditional IRAs since individuals are responsible for figuring out how much they must withdraw.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.