Many "named" distributions are special cases of the more common... | Filo
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Let’s clear up a common retirement question 👇 When do I have to take Required Minimum Distributions (RMDs)? 🔹 If you turned 73, the IRS now requires withdrawals from: • Traditional IRAs • 401(k)s • Other tax-deferred retirement accounts 🔹 Your first RMD must be taken by April 1 of the year after you turn 73 🔹 Every year after that? By December 31 ⚠️ Miss it and the penalty can be severe. (The IRS has zero chill about this.) Smart planning can help reduce the tax impact—and avoid surprises. E
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