The Lesser-Known Way You May Be Able to Get Out of Taking Your RMD

There are certain benefits to saving for retirement in a traditional IRA or 401(k) -- namely, the up-front tax break. And if you're in a higher tax bracket, a traditional retirement plan could make more sense for you than a Roth account.But there's a big drawback that comes with having your savings in a traditional retirement account. Once you reach age 73 (or later, depending on your year of birth), you're forced to start taking required minimum distributions, or RMDs.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool