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My 73-year-old relative is being charged a 50% penalty for failing to take his pension distribution at 70. Is that legal? 

“According to the Secure Act 2.0, the age for taking the RMD is 73.”

Chatty NewsChatty News
Jan 25, 2025 - 03:30
 0  2
My 73-year-old relative is being charged a 50% penalty for failing to take his pension distribution at 70. Is that legal? 
“According to the Secure Act 2.0, the age for taking the RMD is 73.”
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