Delaying the Inevitable
Required Minimum Distributions for Defined Contribution Plans
November 14, 2017
We’ve all heard the saying “Nothing in life is certain except death and taxes.” And while that’s true, when it comes to the latter, a qualified retirement plan account holder may choose to delay — up to a point — paying taxes on retirement savings by keeping them in a qualified retirement plan or IRA. The aforementioned “point” eventually arrives in the form of a required minimum distribution (RMD).