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Sean (Age 74 at End of 2019)retired Five Years Ago

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Sean (age 74 at end of 2019)retired five years ago. The balance in his 401(k)account on December 31, 2018, was $1,700,000 and the balance in his account on December 31, 2019, was $1,800,000. Using the IRS tables below, what is Sean's required minimum distribution for 2019?
Sean (age 74 at end of 2019)retired five years ago. The balance in his 401(k)account on December 31, 2018, was $1,700,000 and the balance in his account on December 31, 2019, was $1,800,000. Using the IRS tables below, what is Sean's required minimum distribution for 2019?


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Cyclical Stock

A stock that's price is affected by macroeconomic or systematic changes in the overall economy, typically performing well during economic expansions and poorly during contractions.

Boom Economy

A period characterized by rapid economic growth, significant increases in jobs, and elevated consumer spending.

Recessionary Period

A period of economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in two successive quarters.

Standard Deviation

A measure of the dispersion or variability in a set of data points or investment returns, indicating how much variation exists from the average.

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