IRA consultant Ed Slott maintains that the results illustrate that retirees are concerned about potentially running out of money and are trying to postpone paying taxes on withdrawals.
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Most Retirees Withdrawal Only Minimal IRA Assets
- Friday, Aug 08 2014
- Written by PFA News
A study by the Employee Benefits Research Institute has found that the median withdraw rate by investors at or above the minimum withdraw age of 70 ½ is close to the smallest amount that federal law says must be taken out of IRAs each year. So reports ThinkAdvisor.