Relief for retired seniors may come too late if the Treasury Department doesn’t change the rules on mandatory withdrawals from 401(k) plans this year.

The required minimum distribution rule requires 401(k) investors age 70-1/2 or older to take mandatory withdrawals, starting at 4% of the previous year’s balance and increasing annually.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.