Does Rmd Apply To Annuities?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaRMDs are required minimum distributions fro a qualified plan that must be generated at age 70 1/2. All qualified retirement accounts are subject to the RMD regulation. This includes annuities in a qualified plan. Tax deferred annuities outside a qualified plan are not subject to the RMD distribution rules.Answered on August 8, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.