THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Friday, March 31, 1995 TAG: 9503290232
SECTION: VIRGINIA BEACH BEACON PAGE: 08L EDITION: FINAL
LENGTH: Short : 19 lines
As described on page 23 of IRS Publication 590, ``Individual
Retirement Arrangement,'' the IRS requires that everyone begin
withdrawals from tax-deferred retirement accounts by April 1 of the
following year in which they reach age 70 1/2. A Consumer Corner
article published March 24 in the Beacon contained incorrect
information about when withdrawals should begin.
by CNB