Do You Have To Take Out Required Minimum Distributions If You’re Working Full-Time? Suze Orman Breaks It Down
From Yahoo Finance: 2025-06-14 15:01:00
Suze Orman addresses RMD concerns for workers over 73, clarifying rules for employer-sponsored plans exempt from RMDs until retirement. IRAs require RMDs even if still working. Missing RMDs may warrant penalties, but timely action and professional help can mitigate consequences. Consult a CPA or financial advisor for personalized guidance. 1. Breaking News: A new study shows that regular exercise can help reduce the risk of heart disease by up to 50%. Researchers found that even moderate physical activity, like brisk walking, can have significant health benefits.
2. In other news, a major tech company has announced plans to launch a new line of affordable smartphones. The company hopes to reach a wider market by offering high-quality devices at a lower price point than competitors.
3. On the political front, lawmakers are debating a new bill that would increase funding for public schools. The proposed legislation aims to improve education quality and resources for students across the country.
4. Meanwhile, scientists have discovered a new species of marine life in the depths of the ocean. The unique creature has never been seen before and is expected to provide valuable insights into the biodiversity of underwater ecosystems.
5. Finally, a local charity organization is hosting a fundraiser to support families in need. The event will feature live music, food vendors, and a silent auction to raise money for essential services and assistance programs.