What Baby Boomers need to know: “Do RMDs Matter?” Delaying the RMD age does change the timing of tax payments, it mostly affects only those with bequest motives, explains Professor Olivia S. Mitchell of The Wharton School via MarketWatch.…Read More
“Do Required Minimum Distribution 401(k) Rules Matter, and For Whom? Insights from a Lifecycle Model” by Wharton Prof. Olivia S. Mitchell, and Vanya Horneff and Raimond Maurer of Goethe University Frankfurt is featured NBER working paper.…Read More
‘Do Required Minimum Distribution 401(k) Rules Matter, and For Whom? Insights from a Lifecycle Model:’ Wharton Prof. Olivia S. Mitchell notes that raising the RMD age would have little effect on most people, but would help wealthier retirees leave a legacy, via MarketWatch. Full paper here.…Read More
A new report issued by the TIAA Institute and the Pension Research Council (PRC) of the University of Pennsylvania’s Wharton School reveals that changing Required Minimum Distribution (RMD) rules would likely have a negligible impact on tax revenue, while increasing flexibility for retirement savers.…Read More
