Retired Taxpayers Over 59½ Years of Age at the End

question 21

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.Minimum distributions are required for the year in which an employee reaches 70½ years of age or retires,whichever comes later.

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The professional practice of managing and guiding perceptions of individuals, organizations, or products in the public eye through media and communication strategies.

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