If you're turning 73 or older in 2025 and have money in tax-deferred retirement accounts, you're required to take minimum distributions (RMDs) from your savings. In this video, I'll walk you through ...

Tax-deferred accounts such as traditional IRAs and 401(k) plans allow workers to delay paying taxes on qualified contributions. But the government must eventually get its due. Upon reaching a certain ...

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Most seniors age 73 and older have to take RMDs by Dec. 31, 2025. You don't have to take RMDs from Roth accounts. RMDs are based on your age and your account balance at the end of the previous year.

Once you reach the age of 73, you’re legally required to take your Required Minimum Distributions (RMDs), ensuring the government can collect taxes on your money. If you’re already above 73, or are ...

In general, anyone with a tax-deferred retirement account must take withdrawals called required minimum distributions (RMDs) beginning at age 73. RMDs are calculated by dividing the retirement account ...