IRA Minimum Age/Distribution
AN EXCITING REASON TO TALK TO YOUR PERSONAL BANKER!
Effective immediately, the government has raised the age of IRA “Required Minimum Distributions” from 70.5 to 72 years of age! This means your money can stay invested and work harder for you. CD’s, Money Markets and other financial products are all available for IRA’s. You should also know it’s completely legal to transfer your 401-K’s to an ultra-safe Lakeside CD, too! Insure your funds as you get closer to retirement! Please see your Lakeside Banker for details!