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2. Required Minimum Distributions: Know Your Deadlines - AOL

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   That means that if you turned 73 in 2024, your first RMD is due by April 1, 2025. You must take your second RMD by December 31, 2025, and your third RMD by December 31, 2026.

3. I just turned 73 so I need to start taking distributions from ...

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   For example, let’s say your RMD should be $20,000 and you withdraw only $10,000 — you would be given a $2,500 penalty. You would still be liable for the tax on the full $20,000.

4. What to Know About Calculating RMDs - AOL

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   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 ...

5. 2 New Required Minimum Distribution (RMD) Rules ... - AOL

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   Image source: Getty Images. RMDs begin at age 73 for individuals born in 1951 or later. Traditionally, required minimum distributions (RMDs) have started at age 70 and 1/2 (born before July 1949 ...

6. 3 Ways to Use Your Required Minimum Distribution (RMD ... - AOL

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   If you just withdrew your 2024 RMD, you can put that money toward 2025 living expenses. Required minimum distributions (RMDs) -- the mandatory annual withdrawals seniors have to take from most ...

7. 3 Required Minimum Distribution (RMD) Rules Investors Must ...

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   The RMD on his traditional IRA is $10,000 this year. If John fails to withdraw that amount by April 1, 2025, he may be liable for a 25% excise tax, which means $2,500 (25% of the RMD amount).