ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: MONDAY, January 17, 1994                   TAG: 9401170235
SECTION: MONEY                    PAGE: A-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

FOR THE RECORD

It was erroneously stated in this column Jan. 3 that the owner of an IRA account must be 55 years old to begin withdrawing money in equal installments without penalty. It is possible to do this at any age with equal installments based on life expectancy according to government tables. The younger the saver, the smaller each installment. Once started, the owner must continue this for five years or until age 59 1/2, whichever comes first. 


 by CNB