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McCain idea to let seniors postpone withdrawals from retirement accounts...

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Eric J in MN Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 06:46 PM
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McCain idea to let seniors postpone withdrawals from retirement accounts...
...would only help people who don't need the money now, and only help them a little.

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http://www.time-blog.com/swampland/2008/10/mccain_relief_for_that_crucial.html

....for the bulk of retirees (that is, people in their 70s) the required annual withdrawal amount is 5% or less of the total in the account.
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