The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.
Retirees who turned 73 in 2024 must take their first RMD from IRAs or 401(k)s by April 1, 2025—or face a steep IRS penalty.
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The IRS has issued a crucial reminder for retirees in the U.S.: those turning 73 in 2024 must take their first Required ...
Tax and retirement practitioners wanted the 10-year rule to apply on a consistent basis, regardless of whether the original IRA owner died before or after his or her beginning RMD date.
As 2025 unfolds, retirees reaching 73 must heed a crucial financial deadline: the IRS mandates their first Required Minimum ...