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.
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 a retirement plan penalty free. Be warned the strategy does not work if you move money to an IRA.
Workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions.
Individuals have the right to actively participate in the political decision-making process by choosing between competing people or ideas without fear or reprisal.
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.