Tag: Required Minimum Distribution

Elderly couple looking over finances at the kitchen table

Arguing that we need to delay withdrawals to 75 as a work incentive doesn’t hold water. In a recent meeting I attended, participants were bemoaning the fact that people are reluctant to withdraw their 401(k) accumulations.  Much emphasis was placed on the word “decumulation,” which apparently has negative connotations.  The answer apparently is to replac…

Social connections

More than one of this blog’s readers said a recent article about 401(k)s was hardly revelatory. But it sure generated a lot of comments. Ed McGrath wrote this about “Retirees with Pensions Slower to Spend 401(k):” “Well thank you for this Caption Obvious.” Perhaps the article struck a nerve because baby boomers are the generation…