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Required minimum distributions no longer apply to Roth 401(k)s. ... You don't have to take an RMD from Roth accounts in your 401(k) anymore. The new rule is part of the Secure 2.0 Act from 2022 ...
Otherwise, you’re required to take a taxable RMD from each one of those older 401(k)s. Purchase an Annuity. You can use up to $200,000 of distributions from IRAs or 401(k)s to purchase a ...
3. Workplace retirement plans have an RMD exception. If you have a retirement plan at work, such as a 401(k) or 403(b), there’s an important RMD exception.
You can now keep your funds in your 401(k), and you won't have to take an RMD. That puts it on equal footing with the Roth IRA. ... The Secure 2.0 Act increased the required minimum distribution ...
Roth 401(k) plans and Roth 403(b) plans are no longer subject to RMD rules. Designated Roth accounts in 401(k) and 403(b) plans were subject to RMD rules in 2023, but that changed in 2024 due to ...
Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to ...