Niki1 2 #1 August 31, 2018 http://www.msn.com/en-us/news/other/trump-order-seeks-to-ease-retirement-account-withdrawals-rules/ar-BBMHyR5 This would seem to be a good thing. I don't know anything about retirement plans but making it easier to get your own money sounds like a good thing. I hope I'm right and there's not another "shoe to fall".Most of the things worth doing in the world had been declared impossilbe before they were done. Louis D Brandeis Where are we going and why are we in this basket? Quote Share this post Link to post Share on other sites
billvon 3,120 #2 August 31, 2018 > I don't know anything about retirement plans but making it easier to get your own >money sounds like a good thing. From what you posted this plan doesn't quite do that. It _reduces_ the amount of money you get under the "required minimum distribution" that you have to start taking when you hit age 70. However, since you can always take more, that's not a penalty - it's merely a lower limit. So overall that's good. The second part is pretty nebulous - it talks about allowing larger pools of companies to coordinate to offer 401k's. If the end result is that there are fewer restrictions on the types of companies that can jointly offer a 401k that will be a good thing for small businesses who can't afford the overhead right now. Quote Share this post Link to post Share on other sites
