Series 7: 8.2.7.4. Required Minimum Distributions

Taken from our Series 7 Online Guide

8.2.7.4. Required Minimum Distributions

Regular annuities are not subject to required minimum distributions (RMDs). If the annuity is a tax-qualified annuity, it will be subject to required minimum distributions. See Chapter Sixteen for more on RMDs.

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At Phillips & Co., my job was to hire entry level applicants who could successfully pass the Series 65 and Series 7 examinations in three months and do it the FIRST TIME. After trying Kaplan/Dearborn, STC, and even the Series 7 for Dummies, 85% of our applicants were still having a hard time passing.

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Alex