RMD Updates

Verified by The Retirement Guys August, 2024

Birth Date Applicable RMD Age
Before July 1, 1949 70 1/2
July 1, 1949 - 1950 72
1951 - 1959 73
1960 or Later 75

Required Minimum Distributions (RMDs) are annual withdrawals you must take from your retirement accounts, such as 401(k)s and IRAs, starting at a specific age. These rules are designed to ensure that you gradually use the funds in your retirement accounts rather than keeping them indefinitely. Understanding your RMD age helps you plan your withdrawals effectively and manage your retirement savings.