Most seniors 73 and older must take RMDs from most retirement accounts by Dec. 31, 2024. There are exceptions for Roth accounts and employer-sponsored plans if you're still working and own less than 5 ...
Most retirees 73 and older must take RMDs from at least some of their retirement accounts by Dec. 31. Failing to take RMDs can result in a penalty of up to 25% on the amount you should have withdrawn.
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