If You Just Turned 70, Check Your Retirement Account to Avoid IRS Fines


If you turned 70-and-a-half-during 2014, and have never withdrawn money from your traditional IRA or 401(k), you’re about to get fined by the IRS. The fine will be half of what you should have withdrawn. You have until April 1st to avoid it.Read more…

http://feeds.gawker.com/~r/lifehacker/full/~3/wgJSfR1BhUg/if-you-just-turned-70-check-your-retirement-account-to-1693150427

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Author: Brad Slusher

A document covered with good intentions and proclamations, signed by men of questionable character, is incapable of restraining the avarice of a government.