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Retired Taxpayers Over 59½ Years of Age at the End

question 166

True/False

Retired taxpayers over 59½ years of age at the end of the year must receive minimum distributions from defined contribution plans or they are subject to a penalty.

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Definitions:

Syntax

The set of rules that defines the combinations of symbols considered to be correctly structured programs or expressions in a programming language.

ArrayList

A resizable array implementation of the List interface in Java, providing dynamic array sizing and manipulation functionalities.

Memory Management Methods

Techniques and methods used in programming to allocate and deallocate memory efficiently.

EnsureCapacity

A method used in collections like ArrayList in Java, to pre-allocate storage to hold a minimum number of elements, optimizing performance by reducing dynamic reallocation.

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