The Amount of the Minimum Required Distribution from a 401(k)

question 79

True/False

The amount of the minimum required distribution from a 401(k) at age 70½ is based on your life expectancy at the time of the distribution.

---

Definitions:

Self-discovery

The process of gaining insight into one's own character, feelings, and motives, often leading to a deeper understanding of oneself.

Explorer

An individual who travels and investigates unknown territories or areas of knowledge.

Cyberostracism

The phenomenon of excluding or ignoring individuals through digital means, such as social media or online platforms.

Chat Room

A digital space on the internet where users can communicate with each other in real-time.