Headlines
- Delta Flights Resume After Worldwide Outage
- Japanese Emperor Indicates He Is Ready to Abdicate
- Bomb Blast at Pakistan Hospital Kills at Least 63
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Retirement Account Distributions After Age 70�
If you have assets in a qualified retirement plan, such as a company- sponsored 401(k) plan or a traditional individual retirement account (IRA), you'll want to be aware of several rules that may apply to you when you take a distribution.
Required Minimum Distributions During Your Lifetime Many people begin withdrawing funds from qualified retirement accounts soon after they retire in order to provide annual retirement income. These withdrawals are discretionary in terms of timing and amount until the account holder reaches age 70�.
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The Markets
It's d�j� vu all over again!
The Chicago Board of Options Exchange (CBOE) Volatility Index, also known as the VIX, tracks the prices of options on the Standard & Poor's 500 (S&P 500) Index. Since options often are used to hedge portfolio risk, the VIX is considered to be a 'fear gauge' that has value with regard to market volatility during the next 30 days. The VIX moves higher when investors are worried and lower when they're feeling content. While this is not necessarily predictive, it does measure the current degree of fear present in the stock market.
More 'Market Commentary' here.
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By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
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