A customer who is age 75 has been taking RMDs (Required Minimum Distributions) each year from his Traditional IRA in cash. This year, he asks his representative if he can take the distribution in the form of shares of a mutual fund position in his account. He tells the representative that because it has been a bear market, the share price is depressed and rather than liquidate, he would like to take the shares into his cash account at the firm, awaiting a market rebound. You should tell him that the RMD can:
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Business, 22.06.2019 01:20, Adolfosbaby
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Business, 22.06.2019 09:00, nicoleaaliyah
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
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Business, 22.06.2019 16:50, taylorb9893
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Answers: 2
A customer who is age 75 has been taking RMDs (Required Minimum Distributions) each year from his Tr...
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