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Reprints
The IRS has updated its rules for required minimum distributions, allowing defined contribution plan participants to withdraw less from their tax-deferred retirement accounts than was previously permitted, Plansponsor reports. IRS actuarial life expectancy tables dictate the asset amounts that individuals are required to withdraw from their retirement accounts starting at age 72. The IRS updates to it actuarial tables affect tax-deferred DC plans, profit-sharing plans and individual retirement accounts.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Illinois House passes governor’s 'Healthcare Protection Act’
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. Humana to cut Medicare Advantage benefits amid rising costs