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| Required Minimum Distributions |
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RMD refers to the required minimum distributions that IRA owners must take from their account each year when they reach 70 1/2. Failure to take RMDs can result in a 50% IRS excise penalty on the amount of the distribution.
To learn about the new calculation methods in 2002, read the attached article from our Education Series, or contact your financial professional or The Retirement Consulting Group.
The following material is formatted in Adobe® Acrobat® (PDF). For optimal viewing, we recommend the latest version of Adobe® Acrobat®.
 Click here to download.
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