Retirees, Should You Take a Required Minimum Distribution (RMD) Now or Later in 2025?

Tax-deferred investment accounts such as traditional IRAs, 401(k) plans, and 403(b) plans are subject to required minimum distribution (RMD) rules. That means accountholders upon reaching a certain age -- 73 years old for anyone born in 1951 or later -- must withdraw some money annually or pay severe penalties.Generally, RMDs must be completed before the end of the calendar year. The only exception is that someone taking his or her first RMD can delay until April 1 of the subsequent year. Those guidelines leave retirees with three options: Take the full RMD early in the year, break it into periodic installments, or delay it until the end of the year.Which strategy is best?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool