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Participants must begin taking required minimum distributions (RMDs) from traditional IRAs and qualified retirement plans, such as 401(k), 403(b), and 457 plans. RMDs are based on your account balance and life expectancy. Get Our Guide on RMDs.

2020-08-05T14:21:21+00:00December 13th, 2018|

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Workers are first able to draw Social Security retirement benefits. However, if a person continues to work, those benefits will be reduced. The Social Security Administration will deduct $1 in benefits for each $2 an individual earns above an annual limit. Get Our Guide on Social Security.

2020-08-05T14:21:49+00:00December 13th, 2018|

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Age 55 – If you separate from service in or after the year you turn age 55 and have a qualified plan at the job you left you may be able to take distributions from the Retirement Plan penalty free. Be warned the strategy does not work if you move money to an IRA.

2020-08-05T14:22:12+00:00December 13th, 2018|

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Workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions.

2020-08-05T14:22:22+00:00December 13th, 2018|

18

Individuals have the right to actively participate in the political decision-making process by choosing between competing people or ideas without fear or reprisal.

2020-08-05T14:22:32+00:00December 13th, 2018|

16

License holders who are 16 years old may not drive with more than one non-family passenger unless accompanied by a parent, guardian or legal custodian.

2020-08-05T14:22:43+00:00December 13th, 2018|
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