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A Roth 401(k) With $300,000 in It at 73 Owes No Required Distribution. Under the Old Rules, the Same Account Would Have

Source: 247wallst.com

Regulation & LegislationTax & Tariffs
A Roth 401(k) With $300,000 in It at 73 Owes No Required Distribution. Under the Old Rules, the Same Account Would Have

SECURE 2.0 changed rules for workplace Roth accounts, but some plan administrators reportedly did not communicate the changes. As a result, some retirees are still withdrawing money they are no longer required to take; the article provides no figures on how many people are affected.

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