Do Early IRA Withdrawals Count Toward My RMDs?

Core Insights - Required Minimum Distributions (RMDs) are mandatory withdrawals from tax-deferred retirement accounts to ensure that funds are taxed and do not grow tax-deferred indefinitely [3][4] - The age for starting RMDs has been raised to 73 under the SECURE 2.0 Act, with a further increase to 75 scheduled for 2033 for individuals turning 74 after December 31, 2032 [5] RMD Calculation - RMDs are calculated by dividing the account balance from December 31 of the previous year by a life expectancy factor based on the individual's age [7][9] - For example, a 78-year-old retiree with a $500,000 account balance would have an RMD of $22,727 for the year 2025, calculated by dividing the balance by the life expectancy factor of 22 [8][9]