My 73-year-old relative is being charged a 50% penalty for failing to take his pension distribution at 70. Is that legal?
marketwatch.com/story/my-73-year-old-relative-is-being-charged-a-50-penalty-for-failing-to-take-his-pension-distribution-at-70-is-that-legal-fd5077d7“According to the Secure Act 2.0, the age for taking the RMD is 73.”
This story appeared on marketwatch.com, 2025-01-25 11:26:00.