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So, if you turned 73 in 2024, you have until April 1, 2025, to make your 2024 RMD. However, if you haven't done yours yet, you'll have to take two RMDs -- one for 2024 and one for 2025 -- this year.
Image source: Getty Images. 1. Missing the deadline. It might sound simple -- you need to take each year's required distribution before the deadline -- but these things have a way of becoming more ...
Anyone subject to the 10-year rule who inherited an IRA from someone after their required beginning date (i.e., they were already subject to RMDs) must continue taking RMDs each year until the ...
RMDs are straightforward when you only have one or two retirement accounts. But they can quickly get complicated for those with multiple IRAs and 401(k)s. These two account types have different rules.
For example, 2025 RMDs must be completed by Dec. 31, 2025. However, there's an exception for your first RMDs. Those who turned 73 last year have until April 1, 2025, to take their first RMD.
Image source: Getty Images. 1. Missing the deadline for your RMD. The annual deadline for required minimum distributions is Dec. 31. But if you're manually requesting a withdrawal from your ...
That means that if you turned 73 in 2024, your first RMD is due by April 1, 2025. You must take your second RMD by December 31, 2025, and your third RMD by December 31, 2026.
The IRS offers one alternative to RMDs: qualified charitable distributions (QCDs). You can arrange for your retirement account administrator to transfer your RMD from your account to a qualifying ...
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related to: how to avoid rmd's chart form printable version free one page 2025 calendar