Required minimum distribution

• An amount that must be paid annually from a qualified plan or IRA to an individual who has reached age 70 to comply with IRS rules.

 Embedded terms in definition
 Qualified plan
 Related Terms

<< Repurchase of stock Required reserves >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending. - Anonymous


Copyright 2009-2018 GVC. All rights reserved.