Dear Fix My Portfolio,
I retired from the U.S. Postal Service in 2004 and have a yearly pension from the Office of Personnel Management (OPM). I also work part time at a big hardware chain and have a portion of my salary placed in the company’s 401(k). I have been working there for four years and have around $10,000 in the plan. I also use 20% of my salary to buy company stock. My concern is due to my age of 75, am I required to take out money as an RMD?
Sam
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