Is There a Right Time to Take Your Required Minimum Distributions (RMDs)?

Once you turn 73, you have to start taking mandatory annual withdrawals from your tax-deferred retirement accounts, such as traditional individual retirement accounts (IRAs) and 401(k)s. These are called required minimum distributions (RMDs).You have an entire year to make them -- or even longer if it's the first year you're required to take RMDs. But it's natural to wonder whether there's an optimal time to do so. The truth is, it depends on your personal preferences and how you anticipate your investments behaving in the coming months.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool