Pension Corporation of America Wealth Management Pension Corporation of America 2133 Luray Avenue Cincinnati, OH 45206 513-281-3366 fax 513-281-1799 wealthmanagement@pencorp.com www.pencorp.com
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Required Minimum Distributions (RMDs)
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 | When Must RMDs Be Taken? Your first required distribution from an IRA or retirement plan is for the year you reach age 73. However, you have some flexibility as to when you actually have to take this first-year distribution. | More Details |
 | What If You Fail to Take RMDs As Required? You can always withdraw more than you are required to from your IRAs and retirement
plans. However, if you fail to take at least the RMD for any year (or if you
take it too late),
you will be subject to a federal penalty. The penalty is a 25% excise tax
on the amount by which the RMD exceeds the distributions actually made to you during
the taxable year.
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 | Inherited IRAs and Retirement Plans Your RMDs from your IRA or plan will cease after your death, but your non-spouse designated beneficiaries will then typically be required to liquidate the account within 10 years. A spouse beneficiary may generally roll over an inherited IRA or plan account into an IRA in the spouse's own name. | More Details |
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Advisory Services Offered Through PCA Investment Advisory Services, Inc. Securities Offered Through L.M Kohn & Company 10151 Carver Road, Ste. 100., Cincinnati, OH 45242 Member FINRA/SIPC And a Registered Broker-Dealer not affiliated with PCA Investment Advisory Services, Inc. |
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2025. |
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