2 Required Minimum Distribution (RMD) Rule Changes Retirees Must Know Before 2026

Key Points Required minimum distributions (RMDs) on tax-deferred retirement accounts begin at age 73 for individuals born between 1951 and 1959. RMDs must be completed by Dec. 31; the only exception is the first RMD, which may be delayed until April 1 of the subsequent year. Failure to complete the RMD before the deadline is penalized with an excise tax equal to 25% of the amount not withdrawn, but that figure can be reduced. The $23,760 Social Security bonus most retirees completely overlook › T ...