Yes, at the age of 72, the IRS mandates that you take out the required minimum amount each year. If you fail to take the required minimum each year, you will be subject to an IRA penalty.
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When we call you, our Caller ID will display one of two numbers: 906-341-5866 (our main number) or 888-896-5866 (our toll-free number).
We made this change so you can always recognize our calls, no matter where you’re located. If you ever receive a call from a different number claiming to be us, hang up and call us directly to verify.
Yes, at the age of 72, the IRS mandates that you take out the required minimum amount each year. If you fail to take the required minimum each year, you will be subject to an IRA penalty.