12/20/2013 – Service helps generate retirement income, avoid tax penalty

A recent report by the Stanford Center on Longevity compared the RMD, which uses invested assets to pay you a retirement income each year over the course of your lifetime, to five other retirement income generators. The Stanford report shows that the RMD (required minimum distributions) is one of several credible ways to generate retirement income, each having their pros and cons.

Read the full article by Center on Longevity Research Scholar Steven Vernon at CBS MoneyWatch.