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Starting at age 73, 401(k) holders must take minimum yearly withdrawals or face a 25% IRS penalty. Switching to a Roth 401(k) or Roth IRA avoids required minimum distributions and future withdrawal ...

Preference decisions in capital budgeting arise when a company has multiple investment proposals that are mutually exclusive.

Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody now develops personal finance curricula, teaches postsecondary business and finance courses, and provides ...