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Planning Techniques
New IRS Minimum Distribution Rules Permit Lower Mandatory Distributions at 70 ½

The lower minimum distributions now permitted under regulations proposed by IRS are available for any plan that writes those rules into its plan document. The NRS GUST prototypes provide for this election, which can result in lowering the mandatory distributions that employees over age 70 ½ must take. Monitoring the minimum distributions is another aspect of overall tax planning opportunities presented to business owners.

 

 
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