Have employees who turned 70-1/2? Remind them RMD deadline looms

By Reuters
Published Updated 4 Min Read

IMGCAP(1)]

CHICAGO | Mon., Mar. 26, 2012 12:55pm EDT (Reuters) – Seventy may be the new 60 — but not where the Internal Revenue Service is concerned. People who turned 70-1/2 last year must begin taking required annual withdrawals from their tax-deferred retirement accounts no later than Friday, a reality many older workers weren’t aware of. Employers can help fill the education gap.


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