Requir minimum distributions (RMDs) must begin at age 72 and a 50% excise tax may be appli if not made. to ordinary income tax. Keogh Plan Taxation Considerations Keogh tax considerations are essentially the same as other qualifi plans: Contributions are tax-ductible. Assets grow tax-deferr until withdrawal. All withdrawals and RMDs are subject to ordinary income tax. Tax-free rollovers can be made to another qualifi plan or IRA. but are subject to tax if rolling into a Roth IRA. This article was written by Richard Lehman profile picture Richard Lehman 719 Followers Adjunct Finance Professor at Cal Poly. UCLA. and UC Berkeley (19 yrs). author of three investment books. Wall Street veteran. and founder of Inform Assets.
All withdrawals and RMDs are subject
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