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Required 401K withdrawls-Age 71 1/2
joanne72
Oct 8, 2007, 04:21 PM
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?
AtlantaTaxExpert
Oct 9, 2007, 07:48 AM
That is determined by a acturial formula.
Ask the 401K account to do the computations. That is a routine function for them.