Archive for December, 2012

What are the minimum distribution requirements of a Traditional IRA?

December 20th, 2012

The terms of an independent retirement account or annuity must include several minimum distribution rules, which Congress imposed to ensure that IRAs are primarily used as retirement savings media, not as vehicles to build wealth for transmission to heirs. As discussed below, these rules provide separately for distributions to IRA owners and distributions to beneficiaries […]

Read More →