The Fleet Reserve and the Fleet Marine Corps Reserve are composed of members of the naval service transferred thereto under this section. An enlisted member of the Regular Navy or the Navy Reserve who has completed 20 or more years of active service in the armed forces may, at his request, be transferred to the Fleet Reserve.
A job notice or advertisement may specify an age limit only in the rare circumstances where age is shown to be a bona fide occupational qualification (BFOQ) reasonably necessary to the normal operation of the business.
I just turned 69 years old this past March, and am starting to think ahead towards the 70 1/2 year age limit on 401k accounts. My 401k will be at about $600,000 next year when I turn 70.This account has been gaining in value between $24,000 and $30,000 each year. As I uderstand the program, I have to start taking distributions at age 70 1/2 based on the youngest spouses age. My wife will be age 48 at that time that I turn 70 1/2.his account has been gaining in value between $24,000 and $30,000 each year. As I uderstand the program, I have to start taking distributions at age 70 1/2 based on the youngest spouses age.