In 2014, Benjamin Miller from Indiana posted a tweet that included a picture of notice he received from the IRS indicating that he owes a penalty of $2,344 because he didn’t have health insurance. Needless to say, his tweet went viral and ignited a firestorm.
If you’re thinking about retiring or leaving your current employer, you would be required to take a distribution from your employer’s retirement plan. Depending upon the terms of the plan as well as your age, a distribution may not be required immediately. However, it is important that when you do have to take the distribution […]