Money matters.(QA)(minimum age to legally purchase stocks)(Brief article)Simons, John
What stocks should you add to your retirement portfolio? TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now. The 10 stocks that made the cut could produce monster returns in the coming years, potentially setting you up for a...
“Over the past several years, they’ve pushed back the age,” Hughes says. It was first bumped back to 72 as part of theSECURE Act. Then, with the passage of the Secure 2.0 Act, the starting age for required minimum distributions was changed to 73 in 2023. Ten years from now ...
This means you must begin withdrawing money from retirement accounts at age 73 or be subject to penalties. But required minimum distribution rules don't apply to Roth IRAs. You can leave your money in your Roth IRA for as long as you live. Traditional accounts are subject to RMDs because ...