I am age 71 1/2 in Nov of 2007. I have 325,000 in a 401K account. How much do I need to withdraw annually?
I am age 71 1/2 in Nov of 2007. I have 325,000 in a 401K account. How much do I need to withdraw annually?
That is determined by a acturial formula.
Ask the 401K account to do the computations. That is a routine function for them.
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