True/False
On December 1,2013 Irene turned 71 years old.She is still working for her employer and she participates in her employer's 401(k) plan.Irene is not required to receive a minimum distribution for 2013 from her 401(k) account because she has not yet retired.Minimum distributions are required by April 1 of the later of (1) the year after the year in which the employee turns 70½ or (2) the year after the year the employee retires.
Correct Answer:
Verified
Correct Answer:
Verified
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