80% of workers make this 401(k) mistake when they retire
Summary
Many retirees take no action with their 401(k) accounts immediately after leaving the workforce. This inactivity can eventually lead to complications with required minimum distributions and unexpected tax consequences as balances continue to grow over time.
Other tax repercussions crop up down the road because balances build up, and RMDs get complicated
Source: Read the full story at MarketWatch.com - Top Stories
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