Market Moment Flash Briefing
The Last Flight of the Concorde
Today in market history, 2003:
The Concorde took its last flight. Since British Air and Air France took the Concorde out of service there has been no supersonic, commercial air travel.
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How Required Minimum Distributions Work
Today’s topic is Required Minimum Distributions or RMDs.When you save money, pre-tax, in a retirement plan or an IRA, the IRS requires you to start taking annual ‘minimum’ distributions at age 72. It was age 70.5 until the SECURE Act passed in December, raising the age to 72.Click to enable this daily Flash Briefing on Alexa.Follow @RitholtzWealthon Twitter for much, much more.