by Anonymous on January 22nd, 2009

Anonymous

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WHAT PERCENTAGE MUST BE WITHDRAWN FROM A 401K AT THE 70 1/2 MANDATORY TIME?

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  • by Sherri on January 24th, 2009

    Sherri

    Your trustee should answer this for you and compute your RMD. The formula for age 70 is your account balance on 12/31/ of the preceding year divided by 27.4.

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