What's the required minimum distribution from a $100,000 retirement account?

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What's the required minimum distribution from a $100,000 retirement account?

The required minimum distribution from your retirement account will change annually based on age. Getty Images/iStockphoto A retirement account worth $100,000 may seem like a lot on paper, but the …

The required minimum distribution from your retirement account will change annually based on age. Getty Images/iStockphoto A retirement account worth $100,000 may seem like a lot on paper, but the reality is that it's often far from what's needed. New research shows that Americans consider $1.46 million the "magic number" needed to retire comfortably . At the same time, a report from earlier this year showed that the typical U.S. worker has just $955 saved for retirement . …

Original source: CBS News Top

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