Retirement
RMD
Required Minimum Distribution
Annual withdrawals required from traditional retirement accounts starting at age 73 (per SECURE 2.0). Failure to take an RMD triggers a 25% excise tax on the shortfall.
Required Minimum Distribution
Annual withdrawals required from traditional retirement accounts starting at age 73 (per SECURE 2.0). Failure to take an RMD triggers a 25% excise tax on the shortfall.