RMDs in 2026: Should You Take Yours Now or Wait Until Later This Year?

Once you turn 73 years old, tax-deferred accounts like 401(k)s require you to begin withdrawing from your account. These are called required minimum distributions (RMDs) and are a way to ensure the IRS gets its cut after giving you an upfront tax break.You have until Dec. 31 to take your RMDs each year, except in the year you turn 73. That year, you have until April 1 of the following year to take your RMDs. (In other words, someone turning 73 this year would have until April 1, 2027).Is it better to take your RMDs early in the year or wait until the year is ending?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool